YEARLY HIGH
19.4545 MUR
YEARLY LOW
17.1934 MUR
YEARLY AVERAGE
18.3587 MUR

2021 TOP to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TOP to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 2, valuing the pair at 19.4545. Conversely, the yearly low was recorded on February 1, dropping to 17.1934.

This high-to-low spread represents a total annual volatility of 2.2612 MUR. From a start-to-finish perspective, comparing the January average rate of 17.3251 to the December average rate of 19.0649, the exchange rate registered a net change of 10.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 19.4545 was up 9.49% compared to the 2020 peak of 17.7684, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 97,273 MUR
2020 Average 85,231 MUR
Yearly Trough Low 85,967 MUR
Transaction Impact: A difference of 11,305.85 MUR purely based on transaction execution date.

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19.3691
17.1356
JanuMarcMayJulySeptNove

TOP 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 17.7271, compared to 18.9903 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2632 points.

H1 Avg (Jan–Jun) 17.7271
H2 Avg (Jul–Dec) 18.9903

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.9527 MUR (High: 19.1023 / Low: 18.1496). On the other end, January was the most stable month, with a tight range of 0.2421 MUR (High: 17.4574 / Low: 17.2153).

June Spread (Volatile) Âą0.9527
January Spread (Stable) Âą0.2421

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1181 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1181

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 19.1830) against the same month in 2020 (average: 17.3448), the exchange rate shifted by +1.8382 (+10.60%).

2021 Avg (November) 19.1830
2020 Avg (November) 17.3448

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Month High Low Average
January 17.4574 17.2153 17.3251
February 17.5440 17.1934 17.3217
March 17.8125 17.3398 17.6096
April 18.0471 17.5693 17.7656
May 18.5084 17.8160 18.0075
June 19.1023 18.1496 18.3333
July 19.1690 18.7483 18.9570
August 19.1337 18.5464 18.8409
September 19.1370 18.7375 18.8865
October 19.4193 18.7691 19.0097
November 19.4545 18.8767 19.1830
December 19.3561 18.7229 19.0649