YEARLY HIGH
12.7438 MUR
YEARLY LOW
11.6941 MUR
YEARLY AVERAGE
12.1411 MUR

2022 QAR to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the QAR to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 12.7438. Conversely, the yearly low was recorded on April 27, dropping to 11.6941.

This high-to-low spread represents a total annual volatility of 1.0496 MUR. From a start-to-finish perspective, comparing the January average rate of 11.9917 to the December average rate of 12.0308, the exchange rate registered a net change of 0.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 12.7438 was up 5.22% compared to the 2021 peak of 12.1116, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 63,719 MUR
2021 Average 57,080 MUR
Yearly Trough Low 58,471 MUR
Transaction Impact: A difference of 5,248.24 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

12.4574
11.7947
JanuMarcMayJulySeptNove

QAR 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 12.0296, compared to 12.2526 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2230 points.

H1 Avg (Jan–Jun) 12.0296
H2 Avg (Jul–Dec) 12.2526

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.7475 MUR (High: 12.4416 / Low: 11.6941). On the other end, May was the most stable month, with a tight range of 0.2218 MUR (High: 11.9479 / Low: 11.7261).

April Spread (Volatile) ±0.7475
May Spread (Stable) ±0.2218

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.2027 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2022: 12.4022) against the same month in 2021 (average: 11.6596), the exchange rate shifted by +0.7426 (+6.37%).

2022 Avg (August) 12.4022
2021 Avg (August) 11.6596

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.0979 11.8374 11.9917
February 12.1121 11.8511 12.0132
March 12.4547 11.8786 12.1769
April 12.4416 11.6941 11.9742
May 11.9479 11.7261 11.8500
June 12.4902 11.8390 12.1715
July 12.5552 12.1694 12.3928
August 12.7438 12.0987 12.4022
September 12.5642 12.0575 12.3345
October 12.6065 12.0287 12.2733
November 12.3220 11.8965 12.0817
December 12.1541 11.8988 12.0308