YEARLY HIGH
3.0389 NPR
YEARLY LOW
2.6683 NPR
YEARLY AVERAGE
2.8414 NPR

2022 MUR to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MUR to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 3.0389. Conversely, the yearly low was recorded on March 31, dropping to 2.6683.

This high-to-low spread represents a total annual volatility of 0.3706 NPR. From a start-to-finish perspective, comparing the January average rate of 2.7271 to the December average rate of 3.0079, the exchange rate registered a net change of 10.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 3.0389 was up 1.58% compared to the 2021 peak of 2.9916, 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 15,195 NPR
2021 Average 14,218 NPR
Yearly Trough Low 13,342 NPR
Transaction Impact: A difference of 1,853.21 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

3.0359
2.6991
JanuMarcMayJulySeptNove

MUR to NPR 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 2.7823, compared to 2.9006 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1183 points.

H1 Avg (Jan–Jun) 2.7823
H2 Avg (Jul–Dec) 2.9006

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.1987 NPR (High: 2.8781 / Low: 2.6795). On the other end, December was the most stable month, with a tight range of 0.0622 NPR (High: 3.0389 / Low: 2.9767).

April Spread (Volatile) ±0.1987
December Spread (Stable) ±0.0622

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 0.0486 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0486

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 3.0079) against the same month in 2021 (average: 2.7672), the exchange rate shifted by +0.2406 (+8.70%).

2022 Avg (December) 3.0079
2021 Avg (December) 2.7672

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.7838 2.6959 2.7271
February 2.7825 2.7120 2.7405
March 2.8404 2.6683 2.7498
April 2.8781 2.6795 2.7978
May 2.9021 2.8233 2.8635
June 2.8837 2.7580 2.8149
July 2.8597 2.7558 2.8066
August 2.9070 2.7299 2.8198
September 2.9236 2.7718 2.8543
October 3.0170 2.8496 2.9465
November 3.0000 2.9120 2.9685
December 3.0389 2.9767 3.0079