YEARLY HIGH
0.0531 FJD
YEARLY LOW
0.0460 FJD
YEARLY AVERAGE
0.0495 FJD

2022 MUR to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MUR to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 11, valuing the pair at 0.0531. Conversely, the yearly low was recorded on March 31, dropping to 0.0460.

This high-to-low spread represents a total annual volatility of 0.0071 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0488 to the December average rate of 0.0503, the exchange rate registered a net change of 3.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0531 was up 2.25% compared to the 2021 peak of 0.0520, 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 266 FJD
2021 Average 249 FJD
Yearly Trough Low 230 FJD
Transaction Impact: A difference of 35.48 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0520
0.0471
JanuMarcMayJulySeptNove

MUR to FJD 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 0.0488, compared to 0.0501 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0488
H2 Avg (Jul–Dec) 0.0501

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.0043 FJD (High: 0.0506 / Low: 0.0463). On the other end, February was the most stable month, with a tight range of 0.0013 FJD (High: 0.0495 / Low: 0.0482).

April Spread (Volatile) ±0.0043
February Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between March and May, 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 February and March, when the average rate fell by 0.0013 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.0516) against the same month in 2021 (average: 0.0488), the exchange rate shifted by +0.0028 (+5.75%).

2022 Avg (October) 0.0516
2021 Avg (October) 0.0488

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0501 0.0482 0.0488
February 0.0495 0.0482 0.0488
March 0.0489 0.0460 0.0475
April 0.0506 0.0463 0.0486
May 0.0517 0.0491 0.0504
June 0.0498 0.0484 0.0490
July 0.0498 0.0481 0.0488
August 0.0506 0.0465 0.0487
September 0.0518 0.0492 0.0503
October 0.0531 0.0499 0.0516
November 0.0521 0.0497 0.0510
December 0.0511 0.0497 0.0503