YEARLY HIGH
0.2189 MUR
YEARLY LOW
0.1171 MUR
YEARLY AVERAGE
0.1438 MUR

2022 LKR to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the LKR to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 27, valuing the pair at 0.2189. Conversely, the yearly low was recorded on May 17, dropping to 0.1171.

This high-to-low spread represents a total annual volatility of 0.1018 MUR. From a start-to-finish perspective, comparing the January average rate of 0.2156 to the December average rate of 0.1196, the exchange rate registered a net change of -44.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.2189 was up 0.68% compared to the 2021 peak of 0.2174, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,094 MUR
2021 Average 1,048 MUR
Yearly Trough Low 585 MUR
Transaction Impact: A difference of 509.00 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.2257
0.1099
JanuMarcMayJulySeptNove

LKR 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 0.1646, compared to 0.1230 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0416 points.

H1 Avg (Jan–Jun) 0.1646
H2 Avg (Jul–Dec) 0.1230

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0683 MUR (High: 0.2186 / Low: 0.1503). On the other end, December was the most stable month, with a tight range of 0.0028 MUR (High: 0.1211 / Low: 0.1184).

March Spread (Volatile) ±0.0683
December Spread (Stable) ±0.0028

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 March and April, when the average rate fell by 0.0415 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0415

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.2161) against the same month in 2021 (average: 0.2043), the exchange rate shifted by +0.0117 (+5.74%).

2022 Avg (February) 0.2161
2021 Avg (February) 0.2043

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2175 0.2125 0.2156
February 0.2189 0.2130 0.2161
March 0.2186 0.1503 0.1766
April 0.1516 0.1199 0.1351
May 0.1240 0.1171 0.1207
June 0.1272 0.1192 0.1234
July 0.1279 0.1241 0.1261
August 0.1289 0.1207 0.1252
September 0.1281 0.1190 0.1244
October 0.1267 0.1193 0.1224
November 0.1237 0.1184 0.1200
December 0.1211 0.1184 0.1196