YEARLY HIGH
1.8894 MUR
YEARLY LOW
1.7001 MUR
YEARLY AVERAGE
1.7979 MUR

2022 HNL to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the HNL to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 1.8894. Conversely, the yearly low was recorded on August 29, dropping to 1.7001.

This high-to-low spread represents a total annual volatility of 0.1893 MUR. From a start-to-finish perspective, comparing the January average rate of 1.7808 to the December average rate of 1.7761, the exchange rate registered a net change of -0.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.8894 was up 3.50% compared to the 2021 peak of 1.8255, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,447 MUR
2021 Average 8,630 MUR
Yearly Trough Low 8,500 MUR
Transaction Impact: A difference of 946.29 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.8526
1.7537
JanuMarcMayJulySeptNove

HNL 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 1.7864, compared to 1.8094 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0229 points.

H1 Avg (Jan–Jun) 1.7864
H2 Avg (Jul–Dec) 1.8094

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.1893 MUR (High: 1.8894 / Low: 1.7001). On the other end, December was the most stable month, with a tight range of 0.0330 MUR (High: 1.7948 / Low: 1.7618).

August Spread (Volatile) ±0.1893
December Spread (Stable) ±0.0330

Growth Streaks & Declines

Trends

Between May and July, 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 October and November, when the average rate fell by 0.0295 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0295

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2022: 1.8306) against the same month in 2021 (average: 1.7932), the exchange rate shifted by +0.0374 (+2.09%).

2022 Avg (August) 1.8306
2021 Avg (August) 1.7932

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7957 1.7556 1.7808
February 1.7991 1.7556 1.7792
March 1.8584 1.7599 1.8095
April 1.8535 1.7413 1.7807
May 1.7773 1.7414 1.7620
June 1.8617 1.7524 1.8063
July 1.8654 1.8162 1.8444
August 1.8894 1.7001 1.8306
September 1.8704 1.7836 1.8228
October 1.8545 1.7661 1.8059
November 1.8239 1.7561 1.7764
December 1.7948 1.7618 1.7761