2021 EUR to MVR Historical Review

YEARLY HIGH

19.0135 MVR

YEARLY LOW

17.2530 MVR

YEARLY AVERAGE

18.2589 MVR

2021 EUR to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the EUR to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 19.0135. Conversely, the yearly low was recorded on November 24, dropping to 17.2530.

This high-to-low spread represents a total annual volatility of 1.7605 MVR. From a start-to-finish perspective, comparing the January average rate of 18.7428 to the December average rate of 17.4554, the exchange rate registered a net change of -6.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 19.0135 was up 0.39% compared to the 2020 peak of 18.9398, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 95,068 MVR

2020 Average 88,088 MVR

Yearly Trough Low 86,265 MVR

Transaction Impact: A difference of 8,802.67 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

18.8716

17.3267

JanuMarcMayJulySeptNove

EUR 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 18.5909, compared to 17.9269 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6640 points.

H1 Avg (Jan–Jun) 18.5909

H2 Avg (Jul–Dec) 17.9269

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.6953 MVR (High: 18.8883 / Low: 18.1929). On the other end, December was the most stable month, with a tight range of 0.2413 MVR (High: 17.5509 / Low: 17.3096).

June Spread (Volatile) ±0.6953

December Spread (Stable) ±0.2413

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.3639 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3639

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 18.7428) against the same month in 2020 (average: 17.1605), the exchange rate shifted by +1.5823 (+9.22%).

2021 Avg (January) 18.7428

2020 Avg (January) 17.1605

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.0135	18.5824	18.7428
February	18.7418	18.4299	18.6325
March	18.6110	18.1123	18.3701
April	18.7538	18.1799	18.4841
May	18.8993	18.4318	18.7263
June	18.8883	18.1929	18.5895
July	18.3724	18.1278	18.2256
August	18.3383	18.0525	18.1872
September	18.3634	17.8826	18.1700
October	18.0493	17.7578	17.9107
November	17.9451	17.2530	17.6124
December	17.5509	17.3096	17.4554