YEARLY HIGH
0.3922 MVR
YEARLY LOW
0.0683 MVR
YEARLY AVERAGE
0.3532 MVR

2021 ETB to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ETB to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 0.3922. Conversely, the yearly low was recorded on December 27, dropping to 0.0683.

This high-to-low spread represents a total annual volatility of 0.3239 MVR. From a start-to-finish perspective, comparing the January average rate of 0.3908 to the December average rate of 0.3095, the exchange rate registered a net change of -20.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.3922 was down 19.70% compared to the 2020 peak of 0.4884, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,961 MVR
2020 Average 2,216 MVR
Yearly Trough Low 341 MVR
Transaction Impact: A difference of 1,619.44 MVR purely based on transaction execution date.

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0.3990
0.3014
JanuMarcMayJulySeptNove

ETB 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 0.3744, compared to 0.3320 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0424 points.

H1 Avg (Jan–Jun) 0.3744
H2 Avg (Jul–Dec) 0.3320

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.2546 MVR (High: 0.3229 / Low: 0.0683). On the other end, January was the most stable month, with a tight range of 0.0030 MVR (High: 0.3922 / Low: 0.3891).

December Spread (Volatile) Âą0.2546
January Spread (Stable) Âą0.0030

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0155 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0155

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.3908) against the same month in 2020 (average: 0.4821), the exchange rate shifted by -0.0912 (-18.93%).

2021 Avg (January) 0.3908
2020 Avg (January) 0.4821

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Month High Low Average
January 0.3922 0.3891 0.3908
February 0.3915 0.3818 0.3868
March 0.3850 0.3741 0.3813
April 0.3767 0.3664 0.3711
May 0.3666 0.3549 0.3616
June 0.3587 0.3497 0.3551
July 0.3529 0.3477 0.3497
August 0.3502 0.3384 0.3424
September 0.3395 0.3310 0.3351
October 0.3344 0.3264 0.3302
November 0.3270 0.3197 0.3250
December 0.3229 0.0683 0.3095