YEARLY HIGH
7.6925 MVR
YEARLY LOW
7.2070 MVR
YEARLY AVERAGE
7.4624 MVR

2021 FJD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the FJD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 27, valuing the pair at 7.6925. Conversely, the yearly low was recorded on December 18, dropping to 7.2070.

This high-to-low spread represents a total annual volatility of 0.4854 MVR. From a start-to-finish perspective, comparing the January average rate of 7.5655 to the December average rate of 7.2498, the exchange rate registered a net change of -4.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 7.6925 was up 1.86% compared to the 2020 peak of 7.5520, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 38,462 MVR
2020 Average 35,606 MVR
Yearly Trough Low 36,035 MVR
Transaction Impact: A difference of 2,427.18 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

7.6253
7.2156
JanuMarcMayJulySeptNove

FJD 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 7.5617, compared to 7.3630 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1987 points.

H1 Avg (Jan–Jun) 7.5617
H2 Avg (Jul–Dec) 7.3630

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.2428 MVR (High: 7.4713 / Low: 7.2285). On the other end, July was the most stable month, with a tight range of 0.0763 MVR (High: 7.4448 / Low: 7.3684).

November Spread (Volatile) ±0.2428
July Spread (Stable) ±0.0763

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.1253 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1253

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 7.5912) against the same month in 2020 (average: 7.0170), the exchange rate shifted by +0.5741 (+8.18%).

2021 Avg (February) 7.5912
2020 Avg (February) 7.0170

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7.6484 7.5243 7.5655
February 7.6925 7.4996 7.5912
March 7.6366 7.4447 7.5481
April 7.6345 7.4573 7.5436
May 7.6474 7.5245 7.5893
June 7.6231 7.4098 7.5325
July 7.4448 7.3684 7.4072
August 7.4563 7.2856 7.3835
September 7.4652 7.2922 7.3972
October 7.4853 7.2860 7.3877
November 7.4713 7.2285 7.3526
December 7.2969 7.2070 7.2498