YEARLY HIGH
60.1888 MUR
YEARLY LOW
53.0789 MUR
YEARLY AVERAGE
57.1991 MUR

2021 GIP to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GIP to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 60.1888. Conversely, the yearly low was recorded on January 11, dropping to 53.0789.

This high-to-low spread represents a total annual volatility of 7.1099 MUR. From a start-to-finish perspective, comparing the January average rate of 53.9164 to the December average rate of 57.9715, the exchange rate registered a net change of 7.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 60.1888 was up 10.90% compared to the 2020 peak of 54.2716, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 300,944 MUR
2020 Average 251,738 MUR
Yearly Trough Low 265,395 MUR
Transaction Impact: A difference of 35,549.65 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

59.6510
53.3951
JanuMarcMayJulySeptNove

GIP 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 55.8603, compared to 58.5379 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.6776 points.

H1 Avg (Jan–Jun) 55.8603
H2 Avg (Jul–Dec) 58.5379

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 3.0727 MUR (High: 58.7553 / Low: 55.6826). On the other end, March was the most stable month, with a tight range of 1.1124 MUR (High: 56.2512 / Low: 55.1388).

May Spread (Volatile) ±3.0727
March Spread (Stable) ±1.1124

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.3882 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.3882

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 59.1297) against the same month in 2020 (average: 50.6194), the exchange rate shifted by +8.5103 (+16.81%).

2021 Avg (July) 59.1297
2020 Avg (July) 50.6194

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 54.3921 53.0789 53.9164
February 56.1658 54.1428 55.1610
March 56.2512 55.1388 55.6430
April 56.7905 55.1057 55.9497
May 58.7553 55.6826 57.0790
June 59.4617 56.4419 57.4126
July 60.1888 58.0102 59.1297
August 59.8016 57.7616 58.8350
September 59.6199 57.4495 58.4517
October 59.6652 57.7618 58.6137
November 59.2220 57.3384 58.2255
December 59.2748 56.8783 57.9715