YEARLY HIGH
0.0185 MUR
YEARLY LOW
0.0170 MUR
YEARLY AVERAGE
0.0176 MUR

2022 SYP to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SYP to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 0.0185. Conversely, the yearly low was recorded on April 27, dropping to 0.0170.

This high-to-low spread represents a total annual volatility of 0.0015 MUR. From a start-to-finish perspective, comparing the January average rate of 0.0174 to the December average rate of 0.0175, the exchange rate registered a net change of 0.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0185 was down 76.50% compared to the 2021 peak of 0.0786, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 92 MUR
2021 Average 206 MUR
Yearly Trough Low 85 MUR
Transaction Impact: A difference of 7.56 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0181
0.0171
JanuMarcMayJulySeptNove

SYP 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 0.0174, compared to 0.0178 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0174
H2 Avg (Jul–Dec) 0.0178

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.0011 MUR (High: 0.0180 / Low: 0.0170). On the other end, December was the most stable month, with a tight range of 0.0002 MUR (High: 0.0176 / Low: 0.0174).

April Spread (Volatile) ±0.0011
December Spread (Stable) ±0.0002

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 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2022: 0.0180) against the same month in 2021 (average: 0.0339), the exchange rate shifted by -0.0159 (-46.99%).

2022 Avg (August) 0.0180
2021 Avg (August) 0.0339

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0175 0.0172 0.0174
February 0.0176 0.0172 0.0174
March 0.0181 0.0172 0.0177
April 0.0180 0.0170 0.0174
May 0.0174 0.0170 0.0172
June 0.0182 0.0172 0.0177
July 0.0183 0.0178 0.0180
August 0.0185 0.0176 0.0180
September 0.0182 0.0175 0.0179
October 0.0183 0.0174 0.0178
November 0.0178 0.0174 0.0175
December 0.0176 0.0174 0.0175