YEARLY HIGH
65.4443 MUR
YEARLY LOW
60.0851 MUR
YEARLY AVERAGE
62.3899 MUR

2022 JOD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the JOD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 65.4443. Conversely, the yearly low was recorded on April 27, dropping to 60.0851.

This high-to-low spread represents a total annual volatility of 5.3592 MUR. From a start-to-finish perspective, comparing the January average rate of 61.5795 to the December average rate of 61.8367, the exchange rate registered a net change of 0.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 65.4443 was up 5.22% compared to the 2021 peak of 62.1981, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 327,221 MUR
2021 Average 293,393 MUR
Yearly Trough Low 300,426 MUR
Transaction Impact: A difference of 26,795.80 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

64.2131
60.5643
JanuMarcMayJulySeptNove

JOD 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 61.7949, compared to 62.9850 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1902 points.

H1 Avg (Jan–Jun) 61.7949
H2 Avg (Jul–Dec) 62.9850

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 3.8077 MUR (High: 63.8928 / Low: 60.0851). On the other end, December was the most stable month, with a tight range of 0.8809 MUR (High: 62.3855 / Low: 61.5045).

April Spread (Volatile) ±3.8077
December Spread (Stable) ±0.8809

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 1.0433 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.0433

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2022: 63.7051) against the same month in 2021 (average: 60.1559), the exchange rate shifted by +3.5492 (+5.90%).

2022 Avg (August) 63.7051
2021 Avg (August) 60.1559

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 62.1278 60.7898 61.5795
February 62.1915 60.8604 61.7026
March 63.9599 61.0014 62.5392
April 63.8928 60.0851 61.4959
May 61.4976 60.2182 60.8684
June 64.5244 60.7575 62.5835
July 64.6739 63.0441 63.9091
August 65.4443 62.2524 63.7051
September 64.4586 61.9200 63.3469
October 64.7397 61.7751 63.0526
November 63.1961 61.5515 62.0596
December 62.3855 61.5045 61.8367