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2021 BOB to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the BOB to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on May 9, valuing the pair at 52.1695. Conversely, the yearly low was recorded on December 27, dropping to 0.1447.
This high-to-low spread represents a total annual volatility of 52.0248 MRO. From a start-to-finish perspective, comparing the January average rate of 51.8114 to the December average rate of 36.7641, the exchange rate registered a net change of -29.04% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 52.1695 was down 0.46% compared to the 2020 peak of 52.4120, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BOB based on timing:
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BOB 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: JanâJun) was 51.7029, compared to 49.2288 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 2.4741 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was December, with a trading range of 51.7736 MRO (High: 51.9183 / Low: 0.1447). On the other end, October was the most stable month, with a tight range of 0.1703 MRO (High: 51.7924 / Low: 51.6221).
Growth Streaks & Declines
TrendsBetween February and May, 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 November and December, when the average rate fell by 14.9732 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2021: 51.7352) against the same month in 2020 (average: 51.7578), the exchange rate shifted by -0.0227 (-0.04%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 51.9976 | 51.5965 | 51.8114 |
| February | 51.7940 | 51.5418 | 51.6754 |
| March | 51.8595 | 51.4863 | 51.6864 |
| April | 51.8723 | 51.5039 | 51.7039 |
| May | 52.1695 | 51.4449 | 51.7352 |
| June | 51.7857 | 51.1773 | 51.6049 |
| July | 51.8105 | 51.5439 | 51.7220 |
| August | 51.8058 | 51.5184 | 51.7186 |
| September | 51.8042 | 51.6294 | 51.7203 |
| October | 51.7924 | 51.6221 | 51.7103 |
| November | 51.8506 | 51.5969 | 51.7374 |
| December | 51.9183 | 0.1447 | 36.7641 |