YEARLY HIGH
3.3372 MUR
YEARLY LOW
2.3330 MUR
YEARLY AVERAGE
2.7080 MUR

2022 TRY to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TRY to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 3.3372. Conversely, the yearly low was recorded on December 28, dropping to 2.3330.

This high-to-low spread represents a total annual volatility of 1.0041 MUR. From a start-to-finish perspective, comparing the January average rate of 3.2273 to the December average rate of 2.3515, the exchange rate registered a net change of -27.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 3.3372 was down 41.93% compared to the 2021 peak of 5.7465, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 166,858 MUR
2021 Average 239,871 MUR
Yearly Trough Low 116,651 MUR
Transaction Impact: A difference of 50,207.18 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

3.3149
2.2639
JanuMarcMayJulySeptNove

TRY 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 2.9692, compared to 2.4468 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5223 points.

H1 Avg (Jan–Jun) 2.9692
H2 Avg (Jul–Dec) 2.4468

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.2890 MUR (High: 2.9172 / Low: 2.6282). On the other end, December was the most stable month, with a tight range of 0.0410 MUR (High: 2.3740 / Low: 2.3330).

May Spread (Volatile) ±0.2890
December Spread (Stable) ±0.0410

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 0.1967 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.1967

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 3.2273) against the same month in 2021 (average: 5.3405), the exchange rate shifted by -2.1131 (-39.57%).

2022 Avg (January) 3.2273
2021 Avg (January) 5.3405

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.3372 3.1342 3.2273
February 3.2664 3.1267 3.2063
March 3.1645 2.9844 3.0342
April 3.0714 2.8754 2.9637
May 2.9172 2.6282 2.7670
June 2.7398 2.5414 2.6164
July 2.7292 2.5002 2.5980
August 2.5679 2.4287 2.5057
September 2.4957 2.3965 2.4534
October 2.4725 2.3532 2.4062
November 2.4255 2.3422 2.3660
December 2.3740 2.3330 2.3515