YEARLY HIGH
0.0318 MUR
YEARLY LOW
0.0292 MUR
YEARLY AVERAGE
0.0303 MUR

2022 IQD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the IQD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 0.0318. Conversely, the yearly low was recorded on April 27, dropping to 0.0292.

This high-to-low spread represents a total annual volatility of 0.0026 MUR. From a start-to-finish perspective, comparing the January average rate of 0.0299 to the December average rate of 0.0300, the exchange rate registered a net change of 0.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0318 was up 5.25% compared to the 2021 peak of 0.0302, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 159 MUR
2021 Average 142 MUR
Yearly Trough Low 146 MUR
Transaction Impact: A difference of 13.11 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0312
0.0294
JanuMarcMayJulySeptNove

IQD 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 0.0300, compared to 0.0306 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0300
H2 Avg (Jul–Dec) 0.0306

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.0019 MUR (High: 0.0310 / Low: 0.0292). On the other end, December was the most stable month, with a tight range of 0.0004 MUR (High: 0.0303 / Low: 0.0299).

April Spread (Volatile) ±0.0019
December Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2022: 0.0309) against the same month in 2021 (average: 0.0292), the exchange rate shifted by +0.0017 (+5.81%).

2022 Avg (August) 0.0309
2021 Avg (August) 0.0292

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0302 0.0295 0.0299
February 0.0304 0.0296 0.0300
March 0.0311 0.0297 0.0304
April 0.0310 0.0292 0.0298
May 0.0299 0.0292 0.0296
June 0.0314 0.0295 0.0304
July 0.0314 0.0306 0.0311
August 0.0318 0.0301 0.0309
September 0.0316 0.0301 0.0308
October 0.0314 0.0300 0.0306
November 0.0309 0.0299 0.0302
December 0.0303 0.0299 0.0300