YEARLY HIGH
0.4179 ZAR
YEARLY LOW
0.3221 ZAR
YEARLY AVERAGE
0.3700 ZAR

2022 MUR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MUR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 12, valuing the pair at 0.4179. Conversely, the yearly low was recorded on March 31, dropping to 0.3221.

This high-to-low spread represents a total annual volatility of 0.0957 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.3551 to the December average rate of 0.3942, the exchange rate registered a net change of 11.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.4179 was up 5.69% compared to the 2021 peak of 0.3954, 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 2,089 ZAR
2021 Average 1,779 ZAR
Yearly Trough Low 1,611 ZAR
Transaction Impact: A difference of 478.55 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.4122
0.3307
JanuMarcMayJulySeptNove

MUR to ZAR 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 0.3518, compared to 0.3881 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0363 points.

H1 Avg (Jan–Jun) 0.3518
H2 Avg (Jul–Dec) 0.3881

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.0496 ZAR (High: 0.3732 / Low: 0.3236). On the other end, February was the most stable month, with a tight range of 0.0131 ZAR (High: 0.3551 / Low: 0.3420).

April Spread (Volatile) ±0.0496
February Spread (Stable) ±0.0131

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0117 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0117

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.4054) against the same month in 2021 (average: 0.3474), the exchange rate shifted by +0.0580 (+16.70%).

2022 Avg (October) 0.4054
2021 Avg (October) 0.3474

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3721 0.3455 0.3551
February 0.3551 0.3420 0.3482
March 0.3549 0.3221 0.3375
April 0.3732 0.3236 0.3449
May 0.3802 0.3553 0.3683
June 0.3661 0.3441 0.3566
July 0.3835 0.3567 0.3712
August 0.3850 0.3551 0.3702
September 0.4032 0.3804 0.3914
October 0.4179 0.3865 0.4054
November 0.4127 0.3843 0.3964
December 0.4029 0.3845 0.3942