YEARLY HIGH
6.9726 MVR
YEARLY LOW
6.6862 MVR
YEARLY AVERAGE
6.8117 MVR

2021 TOP to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TOP to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 6.9726. Conversely, the yearly low was recorded on February 3, dropping to 6.6862.

This high-to-low spread represents a total annual volatility of 0.2864 MVR. From a start-to-finish perspective, comparing the January average rate of 6.7533 to the December average rate of 6.7577, the exchange rate registered a net change of 0.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 6.9726 was up 1.22% compared to the 2020 peak of 6.8887, 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 34,863 MVR
2020 Average 33,518 MVR
Yearly Trough Low 33,431 MVR
Transaction Impact: A difference of 1,431.83 MVR purely based on transaction execution date.

āĻĒā§āϰāĻŦāĻŖāϤāĻžāϰ āϚāĻŋāĻ¤ā§āϰāĻžāϝāĻŧāύ

2021 āϏāĻžāϞ āϜ⧁āĻĄāĻŧ⧇ āĻŽāĻžāϏāĻŋāĻ• āĻ—āĻĄāĻŧ āĻ“āĻ āĻžāύāĻžāĻŽāĻžāĨ¤

6.9309
6.6922
JanuMarcMayJulySeptNove

TOP 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 6.7971, compared to 6.8262 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0292 points.

H1 Avg (Jan–Jun) 6.7971
H2 Avg (Jul–Dec) 6.8262

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.1661 MVR (High: 6.9237 / Low: 6.7576). On the other end, July was the most stable month, with a tight range of 0.0681 MVR (High: 6.8506 / Low: 6.7825).

May Spread (Volatile) Âą0.1661
July Spread (Stable) Âą0.0681

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0855 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0855

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 6.9110) against the same month in 2020 (average: 6.8009), the exchange rate shifted by +0.1100 (+1.62%).

2021 Avg (June) 6.9110
2020 Avg (June) 6.8009

āĻŽāĻžāϏāĻŋāĻ• āĻŦāĻŋāĻļā§āϞ⧇āώāĻŖ

āĻĒā§āϰāϤāĻŋāϟāĻŋ āĻ•ā§āϝāĻžāϞ⧇āĻ¨ā§āĻĄāĻžāϰ āĻŽāĻžāϏ⧇āϰ āĻĒāϰāĻŋāϏāĻ‚āĻ–ā§āϝāĻžāύāĻ—āϤ āϏāĻžāϰāϏāĻ‚āĻ•ā§āώ⧇āĻĒāĨ¤

Month High Low Average
January 6.8120 6.7026 6.7533
February 6.7811 6.6862 6.7121
March 6.8372 6.7009 6.7705
April 6.8372 6.7429 6.7886
May 6.9237 6.7576 6.8469
June 6.9726 6.8154 6.9110
July 6.8506 6.7825 6.8255
August 6.8633 6.7364 6.8261
September 6.9005 6.7877 6.8535
October 6.9175 6.7873 6.8549
November 6.9067 6.7456 6.8398
December 6.7876 6.7117 6.7577