YEARLY HIGH
3.1042 MUR
YEARLY LOW
2.3932 MUR
YEARLY AVERAGE
2.7136 MUR

2022 ZAR to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ZAR to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 31, valuing the pair at 3.1042. Conversely, the yearly low was recorded on October 12, dropping to 2.3932.

This high-to-low spread represents a total annual volatility of 0.7110 MUR. From a start-to-finish perspective, comparing the January average rate of 2.8175 to the December average rate of 2.5372, the exchange rate registered a net change of -9.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 3.1042 was up 2.53% compared to the 2021 peak of 3.0276, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 155,211 MUR
2021 Average 140,779 MUR
Yearly Trough Low 119,659 MUR
Transaction Impact: A difference of 35,551.52 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

3.0145
2.4183
JanuMarcMayJulySeptNove

ZAR 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 2.8467, compared to 2.5805 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2662 points.

H1 Avg (Jan–Jun) 2.8467
H2 Avg (Jul–Dec) 2.5805

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.4110 MUR (High: 3.0905 / Low: 2.6795). On the other end, February was the most stable month, with a tight range of 0.1077 MUR (High: 2.9239 / Low: 2.8163).

April Spread (Volatile) ±0.4110
February Spread (Stable) ±0.1077

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 April and May, when the average rate fell by 0.1900 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1900

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 2.9649) against the same month in 2021 (average: 2.6800), the exchange rate shifted by +0.2848 (+10.63%).

2022 Avg (March) 2.9649
2021 Avg (March) 2.6800

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8947 2.6874 2.8175
February 2.9239 2.8163 2.8719
March 3.1042 2.8173 2.9649
April 3.0905 2.6795 2.9057
May 2.8145 2.6303 2.7156
June 2.9064 2.7317 2.8047
July 2.8036 2.6074 2.6954
August 2.8164 2.5974 2.7032
September 2.6291 2.4800 2.5555
October 2.5874 2.3932 2.4680
November 2.6024 2.4231 2.5235
December 2.6004 2.4821 2.5372