YEARLY HIGH
60.1169 MUR
YEARLY LOW
48.0246 MUR
YEARLY AVERAGE
54.7168 MUR

2022 FKP to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the FKP to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 60.1169. Conversely, the yearly low was recorded on October 11, dropping to 48.0246.

This high-to-low spread represents a total annual volatility of 12.0923 MUR. From a start-to-finish perspective, comparing the January average rate of 59.1848 to the December average rate of 53.3930, the exchange rate registered a net change of -9.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 60.1169 was down 0.12% compared to the 2021 peak of 60.1888, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 FKP based on timing:

Yearly Peak High 300,585 MUR
2021 Average 286,062 MUR
Yearly Trough Low 240,123 MUR
Transaction Impact: A difference of 60,461.61 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

60.0735
49.6339
JanuMarcMayJulySeptNove

FKP to MUR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 56.9323, compared to 52.5013 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.4310 points.

H1 Avg (Jan–Jun) 56.9323
H2 Avg (Jul–Dec) 52.5013

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 5.6296 MUR (High: 59.0503 / Low: 53.4207). On the other end, February was the most stable month, with a tight range of 1.2978 MUR (High: 59.6838 / Low: 58.3860).

April Spread (Volatile) ±5.6296
February Spread (Stable) ±1.2978

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 3.1481 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -3.1481

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 59.1848) against the same month in 2021 (average: 53.9164), the exchange rate shifted by +5.2684 (+9.77%).

2022 Avg (January) 59.1848
2021 Avg (January) 53.9164

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 60.1169 57.8190 59.1848
February 59.6838 58.3860 59.2036
March 59.6091 56.7160 58.3757
April 59.0503 53.4207 56.4378
May 55.1379 52.7054 53.7330
June 55.7425 53.3249 54.6591
July 55.5141 53.2179 54.4242
August 55.9243 51.4755 54.0391
September 52.6013 48.0840 50.8909
October 52.2739 48.0246 50.5039
November 53.5486 49.7976 51.7568
December 54.5684 52.4832 53.3930