YEARLY HIGH
992.9495 IRR
YEARLY LOW
912.7155 IRR
YEARLY AVERAGE
955.7850 IRR

2022 MUR to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MUR to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 27, valuing the pair at 992.9495. Conversely, the yearly low was recorded on August 22, dropping to 912.7155.

This high-to-low spread represents a total annual volatility of 80.2340 IRR. From a start-to-finish perspective, comparing the January average rate of 967.9570 to the December average rate of 951.1892, the exchange rate registered a net change of -1.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 992.9495 was down 7.44% compared to the 2021 peak of 1072.7388, 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 4,964,747 IRR
2021 Average 5,072,654 IRR
Yearly Trough Low 4,563,578 IRR
Transaction Impact: A difference of 401,169.77 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

985.1736
930.0025
JanuMarcMayJulySeptNove

MUR to IRR 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 965.5118, compared to 946.0581 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 19.4537 points.

H1 Avg (Jan–Jun) 965.5118
H2 Avg (Jul–Dec) 946.0581

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 58.0709 IRR (High: 992.9495 / Low: 934.8785). On the other end, May was the most stable month, with a tight range of 19.4211 IRR (High: 991.8588 / Low: 972.4377).

April Spread (Volatile) ±58.0709
May Spread (Stable) ±19.4211

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 26.5209 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -26.5209

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2022: 970.9307) against the same month in 2021 (average: 1041.2241), the exchange rate shifted by -70.2933 (-6.75%).

2022 Avg (April) 970.9307
2021 Avg (April) 1041.2241

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 980.8585 959.1674 967.9570
February 979.7219 958.5795 965.9647
March 976.5318 931.6920 953.5873
April 992.9495 934.8785 970.9307
May 991.8588 972.4377 980.5760
June 981.4600 925.7282 954.0551
July 948.4235 923.5879 934.6001
August 959.5132 912.7155 937.4575
September 964.6647 925.7593 942.6364
October 968.0470 921.5601 947.4769
November 972.7314 945.3125 962.9887
December 971.7132 935.5932 951.1892