2022 MUR to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MUR to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MUR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 27, valuing the pair at 3.6327. Conversely, the yearly low was recorded on August 22, dropping to 3.2518.
This high-to-low spread represents a total annual volatility of 0.3809 JMD. From a start-to-finish perspective, comparing the January average rate of 3.5492 to the December average rate of 3.4943, the exchange rate registered a net change of -1.55% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 3.6327 was down 5.06% compared to the 2021 peak of 3.8263, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MUR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
MUR to JMD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 3.5262, compared to 3.4144 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1117 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was June, with a trading range of 0.2794 JMD (High: 3.5731 / Low: 3.2938). On the other end, December was the most stable month, with a tight range of 0.0871 JMD (High: 3.5297 / Low: 3.4425).
Growth Streaks & Declines
TrendsBetween 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 0.1430 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2022: 3.5460) against the same month in 2021 (average: 3.6982), the exchange rate shifted by -0.1521 (-4.11%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.6220 | 3.5165 | 3.5492 |
| February | 3.6315 | 3.5003 | 3.5742 |
| March | 3.5619 | 3.3820 | 3.4628 |
| April | 3.6327 | 3.4047 | 3.5460 |
| May | 3.6233 | 3.5358 | 3.5838 |
| June | 3.5731 | 3.2938 | 3.4409 |
| July | 3.4210 | 3.2848 | 3.3469 |
| August | 3.4323 | 3.2518 | 3.3616 |
| September | 3.4575 | 3.2542 | 3.3734 |
| October | 3.4960 | 3.3256 | 3.4180 |
| November | 3.5343 | 3.4133 | 3.4923 |
| December | 3.5297 | 3.4425 | 3.4943 |