YEARLY HIGH
20.1674 MUR
YEARLY LOW
17.8715 MUR
YEARLY AVERAGE
18.9897 MUR

2022 TOP to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TOP to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 31, valuing the pair at 20.1674. Conversely, the yearly low was recorded on October 11, dropping to 17.8715.

This high-to-low spread represents a total annual volatility of 2.2958 MUR. From a start-to-finish perspective, comparing the January average rate of 19.1870 to the December average rate of 18.6921, the exchange rate registered a net change of -2.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 20.1674 was up 3.66% compared to the 2021 peak of 19.4545, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 100,837 MUR
2021 Average 91,826 MUR
Yearly Trough Low 89,358 MUR
Transaction Impact: A difference of 11,479.08 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

19.7077
18.2368
JanuMarcMayJulySeptNove

TOP 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 19.1576, compared to 18.8218 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3357 points.

H1 Avg (Jan–Jun) 19.1576
H2 Avg (Jul–Dec) 18.8218

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 1.5805 MUR (High: 20.0827 / Low: 18.5023). On the other end, December was the most stable month, with a tight range of 0.3246 MUR (High: 18.8689 / Low: 18.5443).

April Spread (Volatile) ±1.5805
December Spread (Stable) ±0.3246

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 April and May, when the average rate fell by 0.6328 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6328

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 19.5852) against the same month in 2021 (average: 17.6096), the exchange rate shifted by +1.9755 (+11.22%).

2022 Avg (March) 19.5852
2021 Avg (March) 17.6096

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.3714 18.9090 19.1870
February 19.4752 19.0105 19.2960
March 20.1674 19.0726 19.5852
April 20.0827 18.5023 19.2159
May 18.9287 18.3011 18.5831
June 19.4896 18.7669 19.0781
July 19.5509 18.9353 19.2752
August 19.8093 18.7436 19.3175
September 19.1585 18.4305 18.8422
October 18.8913 17.8715 18.3594
November 18.7669 18.1688 18.4445
December 18.8689 18.5443 18.6921