2021 MUR āĻĨā§āĻā§ MGA-āĻāϰ āĻāϤāĻŋāĻšāĻžāϏāĻŋāĻ āĻĒāϰā§āϝāĻžāϞā§āĻāύāĻž
2021 āϏāĻžāϞ āĻā§āĻĄāĻŧā§ āĻŦāĻŋāύāĻŋāĻŽāϝāĻŧ āĻšāĻžāϰā§āϰ āĻāϰā§āĻŽāĻā§āώāĻŽāϤāĻžāϰ āĻāĻāĻāĻŋ āĻŦāĻŋāĻļāĻĻ āĻŦāĻŋāĻļā§āϞā§āώāĻŖāĨ¤
2021 MUR to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MUR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 99.1125. Conversely, the yearly low was recorded on July 13, dropping to 87.6004.
This high-to-low spread represents a total annual volatility of 11.5121 MGA. From a start-to-finish perspective, comparing the January average rate of 96.3553 to the December average rate of 91.0884, the exchange rate registered a net change of -5.47% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 99.1125 was down 2.90% compared to the 2020 peak of 102.0683, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MUR based on timing:
āĻĒā§āϰāĻŦāĻŖāϤāĻžāϰ āĻāĻŋāϤā§āϰāĻžāϝāĻŧāύ
2021 āϏāĻžāϞ āĻā§āĻĄāĻŧā§ āĻŽāĻžāϏāĻŋāĻ āĻāĻĄāĻŧ āĻāĻ āĻžāύāĻžāĻŽāĻžāĨ¤
MUR to MGA 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 93.9506, compared to 91.4356 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 2.5150 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was June, with a trading range of 5.6463 MGA (High: 94.7691 / Low: 89.1228). On the other end, March was the most stable month, with a tight range of 1.7001 MGA (High: 94.7529 / Low: 93.0528).
Growth Streaks & Declines
TrendsBetween July and October, 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 2.5787 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2021: 96.3553) against the same month in 2020 (average: 100.6097), the exchange rate shifted by -4.2545 (-4.23%).
āĻŽāĻžāϏāĻŋāĻ āĻŦāĻŋāĻļā§āϞā§āώāĻŖ
āĻĒā§āϰāϤāĻŋāĻāĻŋ āĻā§āϝāĻžāϞā§āύā§āĻĄāĻžāϰ āĻŽāĻžāϏā§āϰ āĻĒāϰāĻŋāϏāĻāĻā§āϝāĻžāύāĻāϤ āϏāĻžāϰāϏāĻāĻā§āώā§āĻĒāĨ¤
| Month | High | Low | Average |
|---|---|---|---|
| January | 99.1125 | 94.8679 | 96.3553 |
| February | 95.7037 | 92.7163 | 94.6342 |
| March | 94.7529 | 93.0528 | 93.9834 |
| April | 95.0545 | 92.0337 | 93.7109 |
| May | 94.6961 | 90.8858 | 92.7506 |
| June | 94.7691 | 89.1228 | 92.2695 |
| July | 91.7040 | 87.6004 | 89.6908 |
| August | 92.4234 | 89.0699 | 91.2208 |
| September | 93.1544 | 90.5876 | 92.3687 |
| October | 92.9772 | 91.1389 | 92.3767 |
| November | 92.7020 | 90.3556 | 91.8682 |
| December | 92.7280 | 88.9961 | 91.0884 |