2021 BAM to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 BAM to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the BAM to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 225.3583. Conversely, the yearly low was recorded on December 29, dropping to 0.5775.
This high-to-low spread represents a total annual volatility of 224.7809 MRO. From a start-to-finish perspective, comparing the January average rate of 222.1973 to the December average rate of 146.4968, the exchange rate registered a net change of -34.07% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 225.3583 was up 0.56% compared to the 2020 peak of 224.1008, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BAM based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
BAM to MRO Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 219.9403, compared to 202.0660 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 17.8744 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was December, with a trading range of 206.3407 MRO (High: 206.9182 / Low: 0.5775). On the other end, October was the most stable month, with a tight range of 1.9367 MRO (High: 212.8158 / Low: 210.8791).
Growth Streaks & Declines
TrendsBetween March and May, 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 61.7196 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2021: 222.1973) against the same month in 2020 (average: 202.6728), the exchange rate shifted by +19.5246 (+9.63%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 225.3583 | 220.1837 | 222.1973 |
| February | 222.0655 | 218.6632 | 220.6663 |
| March | 220.1545 | 214.1564 | 217.1976 |
| April | 221.3244 | 214.2067 | 217.9759 |
| May | 223.6718 | 219.2965 | 221.6493 |
| June | 223.0840 | 217.1208 | 219.9556 |
| July | 217.8071 | 214.7552 | 215.9738 |
| August | 217.2503 | 213.1188 | 214.8493 |
| September | 216.7283 | 211.2021 | 215.0230 |
| October | 212.8158 | 210.8791 | 211.8367 |
| November | 211.7662 | 204.7150 | 208.2164 |
| December | 206.9182 | 0.5775 | 146.4968 |