YEARLY HIGH
0.1493 GHS
YEARLY LOW
0.1358 GHS
YEARLY AVERAGE
0.1425 GHS

2021 MUR to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MUR to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.1493. Conversely, the yearly low was recorded on July 2, dropping to 0.1358.

This high-to-low spread represents a total annual volatility of 0.0134 GHS. From a start-to-finish perspective, comparing the January average rate of 0.1481 to the December average rate of 0.1410, the exchange rate registered a net change of -4.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1493 was down 4.87% compared to the 2020 peak of 0.1569, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 746 GHS
2020 Average 731 GHS
Yearly Trough Low 679 GHS
Transaction Impact: A difference of 67.21 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1491
0.1377
JanuMarcMayJulySeptNove

MUR to GHS 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 0.1440, compared to 0.1410 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.1440
H2 Avg (Jul–Dec) 0.1410

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0076 GHS (High: 0.1437 / Low: 0.1360). On the other end, October was the most stable month, with a tight range of 0.0022 GHS (High: 0.1426 / Low: 0.1404).

June Spread (Volatile) ±0.0076
October Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between July and September, 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 0.0032 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.1481) against the same month in 2020 (average: 0.1545), the exchange rate shifted by -0.0064 (-4.13%).

2021 Avg (January) 0.1481
2020 Avg (January) 0.1545

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1493 0.1468 0.1481
February 0.1472 0.1442 0.1458
March 0.1441 0.1417 0.1430
April 0.1442 0.1403 0.1429
May 0.1438 0.1402 0.1424
June 0.1437 0.1360 0.1419
July 0.1408 0.1358 0.1387
August 0.1426 0.1392 0.1411
September 0.1431 0.1402 0.1418
October 0.1426 0.1404 0.1417
November 0.1431 0.1392 0.1414
December 0.1433 0.1388 0.1410