YEARLY HIGH
34.2807 IQD
YEARLY LOW
31.4529 IQD
YEARLY AVERAGE
33.0081 IQD

2022 MUR to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MUR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 27, valuing the pair at 34.2807. Conversely, the yearly low was recorded on August 22, dropping to 31.4529.

This high-to-low spread represents a total annual volatility of 2.8278 IQD. From a start-to-finish perspective, comparing the January average rate of 33.4245 to the December average rate of 33.2933, the exchange rate registered a net change of -0.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 34.2807 was down 7.93% compared to the 2021 peak of 37.2331, 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 171,403 IQD
2021 Average 175,699 IQD
Yearly Trough Low 157,264 IQD
Transaction Impact: A difference of 14,139.04 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

33.9913
32.0244
JanuMarcMayJulySeptNove

MUR to IQD 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 33.3313, compared to 32.6850 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6463 points.

H1 Avg (Jan–Jun) 33.3313
H2 Avg (Jul–Dec) 32.6850

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 2.0511 IQD (High: 34.2807 / Low: 32.2296). On the other end, December was the most stable month, with a tight range of 0.4928 IQD (High: 33.4791 / Low: 32.9863).

April Spread (Volatile) ±2.0511
December Spread (Stable) ±0.4928

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 0.9074 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.9074

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2022: 33.5160) against the same month in 2021 (average: 36.0989), the exchange rate shifted by -2.5829 (-7.16%).

2022 Avg (April) 33.5160
2021 Avg (April) 36.0989

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 33.8740 33.1473 33.4245
February 33.8210 32.9374 33.3607
March 33.7175 32.1715 32.9390
April 34.2807 32.2296 33.5160
May 34.1980 33.4595 33.8274
June 33.8900 31.8966 32.9200
July 32.6761 31.8259 32.1883
August 33.1938 31.4529 32.3481
September 33.2515 31.6576 32.4793
October 33.3337 31.8064 32.6515
November 33.4566 32.3770 33.1492
December 33.4791 32.9863 33.2933