2022 MUR to CVE Historical Review

YEARLY HIGH

2.6595 CVE

YEARLY LOW

2.2031 CVE

YEARLY AVERAGE

2.3750 CVE

2022 MUR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MUR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 2.6595. Conversely, the yearly low was recorded on January 13, dropping to 2.2031.

This high-to-low spread represents a total annual volatility of 0.4563 CVE. From a start-to-finish perspective, comparing the January average rate of 2.2378 to the December average rate of 2.3793, the exchange rate registered a net change of 6.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.6595 was up 13.71% compared to the 2021 peak of 2.3389, 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 13,297 CVE

2021 Average 11,256 CVE

Yearly Trough Low 11,016 CVE

Transaction Impact: A difference of 2,281.57 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.5517

2.2019

JanuMarcMayJulySeptNove

MUR to CVE 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 2.3101, compared to 2.4399 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1298 points.

H1 Avg (Jan–Jun) 2.3101

H2 Avg (Jul–Dec) 2.4399

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.2247 CVE (High: 2.4482 / Low: 2.2235). On the other end, February was the most stable month, with a tight range of 0.0588 CVE (High: 2.2667 / Low: 2.2079).

April Spread (Volatile) ±0.2247

February Spread (Stable) ±0.0588

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 0.0890 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0890

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 2.5226) against the same month in 2021 (average: 2.2271), the exchange rate shifted by +0.2955 (+13.27%).

2022 Avg (October) 2.5226

2021 Avg (October) 2.2271

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3019	2.2031	2.2378
February	2.2667	2.2079	2.2311
March	2.3509	2.2041	2.2678
April	2.4482	2.2235	2.3412
May	2.4721	2.3703	2.4248
June	2.3955	2.2946	2.3578
July	2.4466	2.2909	2.3740
August	2.5169	2.3556	2.4202
September	2.5444	2.3944	2.4751
October	2.6595	2.4387	2.5226
November	2.5306	2.4050	2.4683
December	2.4350	2.3504	2.3793