YEARLY HIGH
21.0036 MUR
YEARLY LOW
19.2402 MUR
YEARLY AVERAGE
20.1010 MUR

2021 FJD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the FJD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 21.0036. Conversely, the yearly low was recorded on January 11, dropping to 19.2402.

This high-to-low spread represents a total annual volatility of 1.7634 MUR. From a start-to-finish perspective, comparing the January average rate of 19.4088 to the December average rate of 20.4531, the exchange rate registered a net change of 5.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 21.0036 was up 7.62% compared to the 2020 peak of 19.5165, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 105,018 MUR
2020 Average 90,554 MUR
Yearly Trough Low 96,201 MUR
Transaction Impact: A difference of 8,817.02 MUR purely based on transaction execution date.

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20.7422
19.2876
JanuMarcMayJulySeptNove

FJD to MUR 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 19.7190, compared to 20.4830 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7640 points.

H1 Avg (Jan–Jun) 19.7190
H2 Avg (Jul–Dec) 20.4830

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.9854 MUR (High: 20.7684 / Low: 19.7830). On the other end, January was the most stable month, with a tight range of 0.3106 MUR (High: 19.5508 / Low: 19.2402).

June Spread (Volatile) Âą0.9854
January Spread (Stable) Âą0.3106

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1932 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.1932

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 20.4872) against the same month in 2020 (average: 18.6992), the exchange rate shifted by +1.7880 (+9.56%).

2021 Avg (October) 20.4872
2020 Avg (October) 18.6992

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Month High Low Average
January 19.5508 19.2402 19.4088
February 19.9019 19.3150 19.5903
March 19.8870 19.4189 19.6315
April 20.1793 19.4039 19.7416
May 20.3563 19.7794 19.9603
June 20.7684 19.7830 19.9817
July 20.8042 20.3598 20.5726
August 20.7866 19.9942 20.3794
September 20.6102 20.1943 20.3847
October 21.0036 20.1351 20.4872
November 20.9006 20.2696 20.6210
December 20.8139 20.0537 20.4531