YEARLY HIGH
3.0228 MUR
YEARLY LOW
2.7634 MUR
YEARLY AVERAGE
2.8684 MUR

2022 MVR to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MVR to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 3.0228. Conversely, the yearly low was recorded on May 2, dropping to 2.7634.

This high-to-low spread represents a total annual volatility of 0.2594 MUR. From a start-to-finish perspective, comparing the January average rate of 2.8262 to the December average rate of 2.8534, the exchange rate registered a net change of 0.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 3.0228 was up 5.58% compared to the 2021 peak of 2.8630, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MVR based on timing:

Yearly Peak High 15,114 MUR
2021 Average 13,479 MUR
Yearly Trough Low 13,817 MUR
Transaction Impact: A difference of 1,296.95 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.9565
2.7793
JanuMarcMayJulySeptNove

MVR to MUR 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 2.8374, compared to 2.8994 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0620 points.

H1 Avg (Jan–Jun) 2.8374
H2 Avg (Jul–Dec) 2.8994

Volatility Range Comparison

Volatility

The most volatile month in 2022 was June, with a trading range of 0.1998 MUR (High: 2.9803 / Low: 2.7806). On the other end, December was the most stable month, with a tight range of 0.0432 MUR (High: 2.8734 / Low: 2.8301).

June Spread (Volatile) ±0.1998
December Spread (Stable) ±0.0432

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0482 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0482

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2022: 2.9401) against the same month in 2021 (average: 2.7601), the exchange rate shifted by +0.1800 (+6.52%).

2022 Avg (August) 2.9401
2021 Avg (August) 2.7601

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8510 2.7896 2.8262
February 2.8571 2.7929 2.8318
March 2.9351 2.7994 2.8706
April 2.9320 2.7663 2.8224
May 2.8230 2.7634 2.7941
June 2.9803 2.7806 2.8791
July 2.9810 2.8883 2.9417
August 3.0228 2.8743 2.9401
September 2.9609 2.8415 2.9084
October 2.9709 2.8332 2.8960
November 2.9095 2.8310 2.8570
December 2.8734 2.8301 2.8534