YEARLY HIGH
14.2131 MUR
YEARLY LOW
12.2311 MUR
YEARLY AVERAGE
13.1904 MUR

2022 ILS to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ILS to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 31, valuing the pair at 14.2131. Conversely, the yearly low was recorded on October 11, dropping to 12.2311.

This high-to-low spread represents a total annual volatility of 1.9820 MUR. From a start-to-finish perspective, comparing the January average rate of 13.9234 to the December average rate of 12.6917, the exchange rate registered a net change of -8.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 14.2131 was up 0.35% compared to the 2021 peak of 14.1629, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 71,066 MUR
2021 Average 64,415 MUR
Yearly Trough Low 61,155 MUR
Transaction Impact: A difference of 9,910.14 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

14.0533
12.4948
JanuMarcMayJulySeptNove

ILS 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 13.4075, compared to 12.9732 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4343 points.

H1 Avg (Jan–Jun) 13.4075
H2 Avg (Jul–Dec) 12.9732

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 1.2232 MUR (High: 14.0586 / Low: 12.8354). On the other end, November was the most stable month, with a tight range of 0.5298 MUR (High: 12.8723 / Low: 12.3426).

April Spread (Volatile) ±1.2232
November Spread (Stable) ±0.5298

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.6951 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6951

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 13.6756) against the same month in 2021 (average: 12.1067), the exchange rate shifted by +1.5689 (+12.96%).

2022 Avg (March) 13.6756
2021 Avg (March) 12.1067

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.1157 13.4688 13.9234
February 13.8738 13.3055 13.6049
March 14.2131 13.1596 13.6756
April 14.0586 12.8354 13.4456
May 13.0560 12.4423 12.7755
June 13.3634 12.7277 13.0202
July 13.3766 12.8447 13.0908
August 14.0907 13.2673 13.7263
September 13.3873 12.6677 13.0312
October 13.0270 12.2311 12.6247
November 12.8723 12.3426 12.6745
December 12.9302 12.3366 12.6917