YEARLY HIGH
8.5400 LKR
YEARLY LOW
4.5684 LKR
YEARLY AVERAGE
7.3073 LKR

2022 MUR to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MUR to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 17, valuing the pair at 8.5400. Conversely, the yearly low was recorded on February 27, dropping to 4.5684.

This high-to-low spread represents a total annual volatility of 3.9717 LKR. From a start-to-finish perspective, comparing the January average rate of 4.6390 to the December average rate of 8.3620, the exchange rate registered a net change of 80.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 8.5400 was up 70.57% compared to the 2021 peak of 5.0069, 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 42,700 LKR
2021 Average 23,863 LKR
Yearly Trough Low 22,842 LKR
Transaction Impact: A difference of 19,858.28 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

8.7354
4.2548
JanuMarcMayJulySeptNove

MUR to LKR 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 6.4767, compared to 8.1379 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6611 points.

H1 Avg (Jan–Jun) 6.4767
H2 Avg (Jul–Dec) 8.1379

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 2.0774 LKR (High: 6.6515 / Low: 4.5741). On the other end, January was the most stable month, with a tight range of 0.1072 LKR (High: 4.7053 / Low: 4.5981).

March Spread (Volatile) ±2.0774
January Spread (Stable) ±0.1072

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 0.1817 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1817

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2022: 8.2874) against the same month in 2021 (average: 4.8669), the exchange rate shifted by +3.4206 (+70.28%).

2022 Avg (May) 8.2874
2021 Avg (May) 4.8669

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.7053 4.5981 4.6390
February 4.6958 4.5684 4.6282
March 6.6515 4.5741 5.7612
April 8.3402 6.5958 7.4390
May 8.5400 8.0670 8.2874
June 8.3893 7.8645 8.1057
July 8.0604 7.8159 7.9295
August 8.2816 7.7561 7.9905
September 8.4044 7.8085 8.0422
October 8.3800 7.8899 8.1690
November 8.4471 8.0859 8.3341
December 8.4479 8.2554 8.3620