YEARLY HIGH
0.4616 MUR
YEARLY LOW
0.4276 MUR
YEARLY AVERAGE
0.4443 MUR

2021 CVE to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CVE to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 0.4616. Conversely, the yearly low was recorded on March 30, dropping to 0.4276.

This high-to-low spread represents a total annual volatility of 0.0340 MUR. From a start-to-finish perspective, comparing the January average rate of 0.4344 to the December average rate of 0.4445, the exchange rate registered a net change of 2.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4616 was up 4.54% compared to the 2020 peak of 0.4415, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,308 MUR
2020 Average 2,020 MUR
Yearly Trough Low 2,138 MUR
Transaction Impact: A difference of 170.13 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4595
0.4288
JanuMarcMayJulySeptNove

CVE 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 0.4377, compared to 0.4509 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0131 points.

H1 Avg (Jan–Jun) 0.4377
H2 Avg (Jul–Dec) 0.4509

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0207 MUR (High: 0.4606 / Low: 0.4399). On the other end, March was the most stable month, with a tight range of 0.0071 MUR (High: 0.4347 / Low: 0.4276).

June Spread (Volatile) ±0.0207
March Spread (Stable) ±0.0071

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 September and October, when the average rate fell by 0.0040 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2021: 0.4548) against the same month in 2020 (average: 0.4254), the exchange rate shifted by +0.0293 (+6.90%).

2021 Avg (August) 0.4548
2020 Avg (August) 0.4254

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4384 0.4306 0.4344
February 0.4393 0.4293 0.4342
March 0.4347 0.4276 0.4313
April 0.4460 0.4296 0.4365
May 0.4535 0.4383 0.4445
June 0.4606 0.4399 0.4454
July 0.4612 0.4519 0.4569
August 0.4616 0.4481 0.4548
September 0.4599 0.4468 0.4531
October 0.4559 0.4450 0.4490
November 0.4554 0.4389 0.4470
December 0.4514 0.4367 0.4445