YEARLY HIGH
0.3331 GHS
YEARLY LOW
0.1408 GHS
YEARLY AVERAGE
0.2034 GHS

2022 MUR to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MUR to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 21, valuing the pair at 0.3331. Conversely, the yearly low was recorded on January 11, dropping to 0.1408.

This high-to-low spread represents a total annual volatility of 0.1923 GHS. From a start-to-finish perspective, comparing the January average rate of 0.1424 to the December average rate of 0.2538, the exchange rate registered a net change of 78.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.3331 was up 123.12% compared to the 2021 peak of 0.1493, 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 1,665 GHS
2021 Average 712 GHS
Yearly Trough Low 704 GHS
Transaction Impact: A difference of 961.42 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.3441
0.1240
JanuMarcMayJulySeptNove

MUR to GHS 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 0.1638, compared to 0.2430 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0791 points.

H1 Avg (Jan–Jun) 0.1638
H2 Avg (Jul–Dec) 0.2430

Volatility Range Comparison

Volatility

The most volatile month in 2022 was December, with a trading range of 0.1344 GHS (High: 0.3230 / Low: 0.1886). On the other end, January was the most stable month, with a tight range of 0.0052 GHS (High: 0.1461 / Low: 0.1408).

December Spread (Volatile) ±0.1344
January Spread (Stable) ±0.0052

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0719 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0719

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 0.3258) against the same month in 2021 (average: 0.1414), the exchange rate shifted by +0.1844 (+130.41%).

2022 Avg (November) 0.3258
2021 Avg (November) 0.1414

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1461 0.1408 0.1424
February 0.1552 0.1444 0.1488
March 0.1697 0.1552 0.1630
April 0.1772 0.1645 0.1730
May 0.1813 0.1733 0.1771
June 0.1823 0.1759 0.1786
July 0.1882 0.1751 0.1799
August 0.2271 0.1861 0.2067
September 0.2304 0.2185 0.2251
October 0.3197 0.2260 0.2664
November 0.3331 0.3072 0.3258
December 0.3230 0.1886 0.2538