YEARLY HIGH
0.3536 MUR
YEARLY LOW
0.2988 MUR
YEARLY AVERAGE
0.3278 MUR

2022 ISK to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ISK to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 31, valuing the pair at 0.3536. Conversely, the yearly low was recorded on November 9, dropping to 0.2988.

This high-to-low spread represents a total annual volatility of 0.0548 MUR. From a start-to-finish perspective, comparing the January average rate of 0.3385 to the December average rate of 0.3082, the exchange rate registered a net change of -8.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.3536 was up 1.43% compared to the 2021 peak of 0.3486, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,768 MUR
2021 Average 1,638 MUR
Yearly Trough Low 1,494 MUR
Transaction Impact: A difference of 274.21 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.3543
0.3010
JanuMarcMayJulySeptNove

ISK 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 0.3390, compared to 0.3166 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0225 points.

H1 Avg (Jan–Jun) 0.3390
H2 Avg (Jul–Dec) 0.3166

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0318 MUR (High: 0.3536 / Low: 0.3218). On the other end, December was the most stable month, with a tight range of 0.0072 MUR (High: 0.3111 / Low: 0.3038).

March Spread (Volatile) ±0.0318
December Spread (Stable) ±0.0072

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0095 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0095

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.3403) against the same month in 2021 (average: 0.3154), the exchange rate shifted by +0.0249 (+7.91%).

2022 Avg (March) 0.3403
2021 Avg (March) 0.3154

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3427 0.3295 0.3385
February 0.3526 0.3430 0.3498
March 0.3536 0.3218 0.3403
April 0.3524 0.3263 0.3373
May 0.3436 0.3210 0.3296
June 0.3456 0.3316 0.3386
July 0.3427 0.3235 0.3322
August 0.3358 0.3118 0.3259
September 0.3268 0.3091 0.3170
October 0.3222 0.3016 0.3107
November 0.3105 0.2988 0.3055
December 0.3111 0.3038 0.3082