YEARLY HIGH
3.0276 MUR
YEARLY LOW
2.5292 MUR
YEARLY AVERAGE
2.8151 MUR

2021 ZAR to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 4, valuing the pair at 3.0276. Conversely, the yearly low was recorded on January 11, dropping to 2.5292.

This high-to-low spread represents a total annual volatility of 0.4984 MUR. From a start-to-finish perspective, comparing the January average rate of 2.6147 to the December average rate of 2.7435, the exchange rate registered a net change of 4.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 3.0276 was up 11.64% compared to the 2020 peak of 2.7119, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 151,382 MUR
2020 Average 119,654 MUR
Yearly Trough Low 126,462 MUR
Transaction Impact: A difference of 24,919.61 MUR purely based on transaction execution date.

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2.9845
2.5811
JanuMarcMayJulySeptNove

ZAR 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 2.7699, compared to 2.8603 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0904 points.

H1 Avg (Jan–Jun) 2.7699
H2 Avg (Jul–Dec) 2.8603

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.2609 MUR (High: 2.9024 / Low: 2.6415). On the other end, February was the most stable month, with a tight range of 0.1226 MUR (High: 2.7510 / Low: 2.6284).

November Spread (Volatile) Âą0.2609
February Spread (Stable) Âą0.1226

Growth Streaks & Declines

Trends

Between March and July, 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 October and November, when the average rate fell by 0.0939 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0939

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 2.9508) against the same month in 2020 (average: 2.3836), the exchange rate shifted by +0.5673 (+23.80%).

2021 Avg (July) 2.9508
2020 Avg (July) 2.3836

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Month High Low Average
January 2.7091 2.5292 2.6147
February 2.7510 2.6284 2.6924
March 2.7596 2.5716 2.6800
April 2.9084 2.7513 2.8036
May 3.0098 2.7802 2.8853
June 3.0170 2.8494 2.9435
July 3.0276 2.8680 2.9508
August 2.9721 2.7672 2.8839
September 2.9901 2.8251 2.9190
October 2.9562 2.8240 2.8792
November 2.9024 2.6415 2.7853
December 2.8377 2.6637 2.7435