2021 FKP to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 FKP to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the FKP to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 507.8739. Conversely, the yearly low was recorded on December 25, dropping to 1.3387.
This high-to-low spread represents a total annual volatility of 506.5352 MRO. From a start-to-finish perspective, comparing the January average rate of 487.0434 to the December average rate of 336.1835, the exchange rate registered a net change of -30.97% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 507.8739 was up 4.05% compared to the 2020 peak of 488.0903, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FKP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
FKP to MRO Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 495.6345, compared to 463.4940 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 32.1406 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was December, with a trading range of 475.2558 MRO (High: 476.5946 / Low: 1.3387). On the other end, January was the most stable month, with a tight range of 7.9043 MRO (High: 490.5178 / Low: 482.6135).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 143.7490 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2021: 502.5516) against the same month in 2020 (average: 439.0003), the exchange rate shifted by +63.5513 (+14.48%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 490.5178 | 482.6135 | 487.0434 |
| February | 505.0474 | 487.3086 | 495.3041 |
| March | 499.3675 | 488.6760 | 494.7194 |
| April | 499.5038 | 489.3217 | 493.9337 |
| May | 507.8739 | 493.2688 | 502.5516 |
| June | 506.0748 | 492.7119 | 500.2549 |
| July | 498.5091 | 486.7126 | 493.2303 |
| August | 497.2059 | 486.3228 | 492.4684 |
| September | 494.9799 | 479.3791 | 490.5795 |
| October | 493.4454 | 483.5561 | 488.5695 |
| November | 488.8788 | 474.6316 | 479.9325 |
| December | 476.5946 | 1.3387 | 336.1835 |