YEARLY HIGH
0.2516 MUR
YEARLY LOW
0.1835 MUR
YEARLY AVERAGE
0.2185 MUR

2022 PKR to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the PKR to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 8, valuing the pair at 0.2516. Conversely, the yearly low was recorded on September 20, dropping to 0.1835.

This high-to-low spread represents a total annual volatility of 0.0680 MUR. From a start-to-finish perspective, comparing the January average rate of 0.2473 to the December average rate of 0.1947, the exchange rate registered a net change of -21.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.2516 was down 8.32% compared to the 2021 peak of 0.2744, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 125,780 MUR
2021 Average 127,788 MUR
Yearly Trough Low 91,760 MUR
Transaction Impact: A difference of 34,020.31 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.2545
0.1893
JanuMarcMayJulySeptNove

PKR 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 0.2364, compared to 0.2006 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0358 points.

H1 Avg (Jan–Jun) 0.2364
H2 Avg (Jul–Dec) 0.2006

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 0.0346 MUR (High: 0.2240 / Low: 0.1894). On the other end, December was the most stable month, with a tight range of 0.0039 MUR (High: 0.1964 / Low: 0.1926).

July Spread (Volatile) ±0.0346
December Spread (Stable) ±0.0039

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0134 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0134

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.2491) against the same month in 2021 (average: 0.2494), the exchange rate shifted by -0.0004 (-0.15%).

2022 Avg (February) 0.2491
2021 Avg (February) 0.2494

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2496 0.2438 0.2473
February 0.2516 0.2451 0.2491
March 0.2493 0.2429 0.2463
April 0.2437 0.2291 0.2360
May 0.2332 0.2128 0.2226
June 0.2242 0.2098 0.2168
July 0.2240 0.1894 0.2087
August 0.2152 0.1871 0.2047
September 0.2064 0.1835 0.1951
October 0.2097 0.1953 0.2022
November 0.2031 0.1944 0.1979
December 0.1964 0.1926 0.1947