YEARLY HIGH
0.5882 HNL
YEARLY LOW
0.5293 HNL
YEARLY AVERAGE
0.5564 HNL

2022 MUR to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MUR to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 0.5882. Conversely, the yearly low was recorded on August 22, dropping to 0.5293.

This high-to-low spread represents a total annual volatility of 0.0589 HNL. From a start-to-finish perspective, comparing the January average rate of 0.5616 to the December average rate of 0.5631, the exchange rate registered a net change of 0.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.5882 was down 6.98% compared to the 2021 peak of 0.6324, 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 2,941 HNL
2021 Average 2,901 HNL
Yearly Trough Low 2,646 HNL
Transaction Impact: A difference of 294.61 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.5701
0.5397
JanuMarcMayJulySeptNove

MUR to HNL 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 0.5599, compared to 0.5529 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0070 points.

H1 Avg (Jan–Jun) 0.5599
H2 Avg (Jul–Dec) 0.5529

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.0589 HNL (High: 0.5882 / Low: 0.5293). On the other end, December was the most stable month, with a tight range of 0.0104 HNL (High: 0.5676 / Low: 0.5572).

August Spread (Volatile) ±0.0589
December Spread (Stable) ±0.0104

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 0.0138 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0138

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2022: 0.5466) against the same month in 2021 (average: 0.5577), the exchange rate shifted by -0.0111 (-1.99%).

2022 Avg (August) 0.5466
2021 Avg (August) 0.5577

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5696 0.5569 0.5616
February 0.5696 0.5558 0.5621
March 0.5682 0.5381 0.5527
April 0.5743 0.5395 0.5618
May 0.5743 0.5627 0.5676
June 0.5706 0.5372 0.5537
July 0.5506 0.5361 0.5422
August 0.5882 0.5293 0.5466
September 0.5607 0.5346 0.5487
October 0.5662 0.5392 0.5539
November 0.5694 0.5483 0.5630
December 0.5676 0.5572 0.5631