2021 BBD to MVR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 BBD to MVR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the BBD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 7.7500. Conversely, the yearly low was recorded on June 30, dropping to 7.6708.
This high-to-low spread represents a total annual volatility of 0.0792 MVR. From a start-to-finish perspective, comparing the January average rate of 7.7024 to the December average rate of 7.7198, the exchange rate registered a net change of 0.23% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 7.7500 was down 0.26% compared to the 2020 peak of 7.7700, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BBD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
BBD to MVR 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 7.7137, compared to 7.7187 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0050 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was June, with a trading range of 0.0792 MVR (High: 7.7500 / Low: 7.6708). On the other end, February was the most stable month, with a tight range of 0.0125 MVR (High: 7.7125 / Low: 7.7000).
Growth Streaks & Declines
TrendsBetween January and April, 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 June and July, when the average rate fell by 0.0179 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2021: 7.7085) against the same month in 2020 (average: 7.7371), the exchange rate shifted by -0.0286 (-0.37%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 7.7150 | 7.7000 | 7.7024 |
| February | 7.7125 | 7.7000 | 7.7031 |
| March | 7.7300 | 7.7000 | 7.7191 |
| April | 7.7425 | 7.7000 | 7.7262 |
| May | 7.7500 | 7.6750 | 7.7085 |
| June | 7.7500 | 7.6708 | 7.7227 |
| July | 7.7250 | 7.6875 | 7.7048 |
| August | 7.7350 | 7.7000 | 7.7263 |
| September | 7.7251 | 7.7000 | 7.7178 |
| October | 7.7300 | 7.7000 | 7.7221 |
| November | 7.7300 | 7.7000 | 7.7214 |
| December | 7.7300 | 7.7000 | 7.7198 |