2022 MUR to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MUR to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MUR to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 47.9554. Conversely, the yearly low was recorded on August 22, dropping to 44.2827.
This high-to-low spread represents a total annual volatility of 3.6728 BIF. From a start-to-finish perspective, comparing the January average rate of 45.8593 to the December average rate of 47.1295, the exchange rate registered a net change of 2.77% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 47.9554 was down 3.35% compared to the 2021 peak of 49.6155, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MUR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
MUR to BIF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 46.2306, compared to 46.1104 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1202 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was April, with a trading range of 3.5515 BIF (High: 47.9554 / Low: 44.4040). On the other end, December was the most stable month, with a tight range of 0.7957 BIF (High: 47.4578 / Low: 46.6621).
Growth Streaks & Declines
TrendsBetween July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.9331 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2022: 46.6446) against the same month in 2021 (average: 48.3173), the exchange rate shifted by -1.6727 (-3.46%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 46.7746 | 45.2791 | 45.8593 |
| February | 46.4909 | 45.2301 | 45.8884 |
| March | 46.6070 | 44.8488 | 45.6581 |
| April | 47.9554 | 44.4040 | 46.6446 |
| May | 47.8027 | 46.5336 | 47.1330 |
| June | 47.7465 | 44.9814 | 46.2000 |
| July | 46.1141 | 44.8318 | 45.3767 |
| August | 46.8939 | 44.2827 | 45.5310 |
| September | 46.8029 | 44.7676 | 45.7608 |
| October | 47.0555 | 44.7687 | 46.0506 |
| November | 47.4498 | 45.9103 | 46.8137 |
| December | 47.4578 | 46.6621 | 47.1295 |