YEARLY HIGH
0.0460 BGN
YEARLY LOW
0.0389 BGN
YEARLY AVERAGE
0.0420 BGN

2022 MUR to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MUR to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 11, valuing the pair at 0.0460. Conversely, the yearly low was recorded on March 31, dropping to 0.0389.

This high-to-low spread represents a total annual volatility of 0.0071 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0396 to the December average rate of 0.0421, the exchange rate registered a net change of 6.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0460 was up 11.16% compared to the 2021 peak of 0.0414, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 230 BGN
2021 Average 199 BGN
Yearly Trough Low 195 BGN
Transaction Impact: A difference of 35.51 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0450
0.0389
JanuMarcMayJulySeptNove

MUR to BGN 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 0.0409, compared to 0.0432 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0409
H2 Avg (Jul–Dec) 0.0432

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.0039 BGN (High: 0.0435 / Low: 0.0396). On the other end, February was the most stable month, with a tight range of 0.0010 BGN (High: 0.0401 / Low: 0.0390).

April Spread (Volatile) ±0.0039
February Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0013 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.0445) against the same month in 2021 (average: 0.0394), the exchange rate shifted by +0.0051 (+12.98%).

2022 Avg (October) 0.0445
2021 Avg (October) 0.0394

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0407 0.0390 0.0396
February 0.0401 0.0390 0.0394
March 0.0417 0.0389 0.0401
April 0.0435 0.0396 0.0415
May 0.0437 0.0416 0.0429
June 0.0426 0.0408 0.0417
July 0.0435 0.0410 0.0424
August 0.0445 0.0416 0.0428
September 0.0453 0.0429 0.0439
October 0.0460 0.0429 0.0445
November 0.0450 0.0424 0.0435
December 0.0429 0.0416 0.0421