YEARLY HIGH
47.9554 BIF
YEARLY LOW
44.2827 BIF
YEARLY AVERAGE
46.1705 BIF

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.

Transfer Payout Power Comparison

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

Yearly Peak High 239,777 BIF
2021 Average 237,523 BIF
Yearly Trough Low 221,413 BIF
Transaction Impact: A difference of 18,363.84 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

47.3087
45.2011
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 46.2306
H2 Avg (Jul–Dec) 46.1104

Volatility Range Comparison

Volatility

The 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).

April Spread (Volatile) ±3.5515
December Spread (Stable) ±0.7957

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.9331

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2022 Avg (April) 46.6446
2021 Avg (April) 48.3173

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