2021 AFN to MVR Historical Review

YEARLY HIGH

0.2005 MVR

YEARLY LOW

0.1311 MVR

YEARLY AVERAGE

0.1865 MVR

2021 AFN to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the AFN to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 0.2005. Conversely, the yearly low was recorded on December 15, dropping to 0.1311.

This high-to-low spread represents a total annual volatility of 0.0694 MVR. From a start-to-finish perspective, comparing the January average rate of 0.1992 to the December average rate of 0.1519, the exchange rate registered a net change of -23.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2005 was down 2.09% compared to the 2020 peak of 0.2048, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,003 MVR

2020 Average 1,004 MVR

Yearly Trough Low 655 MVR

Transaction Impact: A difference of 347.11 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2040

0.1471

JanuMarcMayJulySeptNove

AFN to MVR 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 0.1985, compared to 0.1745 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0241 points.

H1 Avg (Jan–Jun) 0.1985

H2 Avg (Jul–Dec) 0.1745

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0299 MVR (High: 0.1610 / Low: 0.1311). On the other end, March was the most stable month, with a tight range of 0.0024 MVR (High: 0.2003 / Low: 0.1979).

December Spread (Volatile) ±0.0299

March Spread (Stable) ±0.0024

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 November and December, when the average rate fell by 0.0147 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0147

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.1982) against the same month in 2020 (average: 0.2023), the exchange rate shifted by -0.0042 (-2.06%).

2021 Avg (May) 0.1982

2020 Avg (May) 0.2023

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1997	0.1968	0.1992
February	0.1998	0.1966	0.1993
March	0.2003	0.1979	0.1993
April	0.2001	0.1970	0.1988
May	0.2005	0.1957	0.1982
June	0.1976	0.1930	0.1963
July	0.1944	0.1881	0.1927
August	0.1938	0.1788	0.1861
September	0.1825	0.1739	0.1781
October	0.1729	0.1698	0.1714
November	0.1705	0.1601	0.1666
December	0.1610	0.1311	0.1519