YEARLY HIGH
0.5974 MUR
YEARLY LOW
0.5266 MUR
YEARLY AVERAGE
0.5635 MUR

2022 INR to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the INR to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 31, valuing the pair at 0.5974. Conversely, the yearly low was recorded on December 21, dropping to 0.5266.

This high-to-low spread represents a total annual volatility of 0.0708 MUR. From a start-to-finish perspective, comparing the January average rate of 0.5864 to the December average rate of 0.5320, the exchange rate registered a net change of -9.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.5974 was up 1.16% compared to the 2021 peak of 0.5905, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 149,348 MUR
2021 Average 140,660 MUR
Yearly Trough Low 131,654 MUR
Transaction Impact: A difference of 17,693.33 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.5919
0.5266
JanuMarcMayJulySeptNove

INR 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 0.5751, compared to 0.5520 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0231 points.

H1 Avg (Jan–Jun) 0.5751
H2 Avg (Jul–Dec) 0.5520

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.0396 MUR (High: 0.5967 / Low: 0.5571). On the other end, December was the most stable month, with a tight range of 0.0113 MUR (High: 0.5379 / Low: 0.5266).

April Spread (Volatile) ±0.0396
December Spread (Stable) ±0.0113

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 September and October, when the average rate fell by 0.0168 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0168

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.5816) against the same month in 2021 (average: 0.5517), the exchange rate shifted by +0.0299 (+5.43%).

2022 Avg (March) 0.5816
2021 Avg (March) 0.5517

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5943 0.5749 0.5864
February 0.5894 0.5734 0.5834
March 0.5974 0.5611 0.5816
April 0.5967 0.5571 0.5723
May 0.5658 0.5518 0.5581
June 0.5794 0.5545 0.5685
July 0.5805 0.5587 0.5698
August 0.5859 0.5521 0.5676
September 0.5717 0.5483 0.5599
October 0.5612 0.5312 0.5431
November 0.5504 0.5343 0.5395
December 0.5379 0.5266 0.5320