YEARLY HIGH
0.0818 ILS
YEARLY LOW
0.0704 ILS
YEARLY AVERAGE
0.0759 ILS

2022 MUR to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MUR to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 11, valuing the pair at 0.0818. Conversely, the yearly low was recorded on March 31, dropping to 0.0704.

This high-to-low spread represents a total annual volatility of 0.0114 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0718 to the December average rate of 0.0788, the exchange rate registered a net change of 9.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0818 was down 2.25% compared to the 2021 peak of 0.0836, 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 409 ILS
2021 Average 389 ILS
Yearly Trough Low 352 ILS
Transaction Impact: A difference of 57.01 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0800
0.0711
JanuMarcMayJulySeptNove

MUR to ILS 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 0.0747, compared to 0.0772 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.0747
H2 Avg (Jul–Dec) 0.0772

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.0068 ILS (High: 0.0779 / Low: 0.0711). On the other end, February was the most stable month, with a tight range of 0.0031 ILS (High: 0.0752 / Low: 0.0721).

April Spread (Volatile) ±0.0068
February Spread (Stable) ±0.0031

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 July and August, when the average rate fell by 0.0035 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.0792) against the same month in 2021 (average: 0.0750), the exchange rate shifted by +0.0043 (+5.67%).

2022 Avg (October) 0.0792
2021 Avg (October) 0.0750

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0742 0.0708 0.0718
February 0.0752 0.0721 0.0735
March 0.0760 0.0704 0.0731
April 0.0779 0.0711 0.0744
May 0.0804 0.0766 0.0783
June 0.0786 0.0748 0.0768
July 0.0779 0.0748 0.0764
August 0.0754 0.0710 0.0729
September 0.0789 0.0747 0.0768
October 0.0818 0.0768 0.0792
November 0.0810 0.0777 0.0789
December 0.0811 0.0773 0.0788