YEARLY HIGH
102.3013 MGA
YEARLY LOW
88.3002 MGA
YEARLY AVERAGE
93.3453 MGA

2022 MUR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MUR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 102.3013. Conversely, the yearly low was recorded on April 9, dropping to 88.3002.

This high-to-low spread represents a total annual volatility of 14.0011 MGA. From a start-to-finish perspective, comparing the January average rate of 91.1549 to the December average rate of 100.7949, the exchange rate registered a net change of 10.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 102.3013 was up 3.22% compared to the 2021 peak of 99.1125, 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 511,507 MGA
2021 Average 463,393 MGA
Yearly Trough Low 441,501 MGA
Transaction Impact: A difference of 70,005.44 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

101.8053
89.6799
JanuMarcMayJulySeptNove

MUR to MGA 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 91.5964, compared to 95.0942 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.4979 points.

H1 Avg (Jan–Jun) 91.5964
H2 Avg (Jul–Dec) 95.0942

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 6.8087 MGA (High: 95.6077 / Low: 88.7990). On the other end, February was the most stable month, with a tight range of 2.1342 MGA (High: 92.2324 / Low: 90.0983).

August Spread (Volatile) ±6.8087
February Spread (Stable) ±2.1342

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 1.7755 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -1.7755

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 100.7949) against the same month in 2021 (average: 91.0884), the exchange rate shifted by +9.7064 (+10.66%).

2022 Avg (December) 100.7949
2021 Avg (December) 91.0884

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 92.7378 90.4118 91.1549
February 92.2324 90.0983 91.1532
March 92.2145 88.5161 90.6903
April 94.5267 88.3002 92.2565
May 94.2957 91.9246 93.0494
June 93.9844 89.1654 91.2739
July 94.2373 89.0814 91.4323
August 95.6077 88.7990 92.4726
September 96.0660 90.4314 93.0546
October 97.4539 91.7453 94.9150
November 99.4562 95.0555 97.8961
December 102.3013 99.4771 100.7949