YEARLY HIGH
2.9180 MUR
YEARLY LOW
1.9098 MUR
YEARLY AVERAGE
2.3671 MUR

2021 SRD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SRD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 2.9180. Conversely, the yearly low was recorded on June 20, dropping to 1.9098.

This high-to-low spread represents a total annual volatility of 1.0081 MUR. From a start-to-finish perspective, comparing the January average rate of 2.7921 to the December average rate of 2.0570, the exchange rate registered a net change of -26.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.9180 was down 46.07% compared to the 2020 peak of 5.4103, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,590 MUR
2020 Average 22,815 MUR
Yearly Trough Low 9,549 MUR
Transaction Impact: A difference of 5,040.65 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.9522
1.9026
JanuMarcMayJulySeptNove

SRD 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 2.7214, compared to 2.0128 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7086 points.

H1 Avg (Jan–Jun) 2.7214
H2 Avg (Jul–Dec) 2.0128

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.9835 MUR (High: 2.8934 / Low: 1.9098). On the other end, September was the most stable month, with a tight range of 0.0344 MUR (High: 2.0112 / Low: 1.9768).

June Spread (Volatile) ±0.9835
September Spread (Stable) ±0.0344

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.6962 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.6962

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 2.8647) against the same month in 2020 (average: 5.3533), the exchange rate shifted by -2.4885 (-46.49%).

2021 Avg (May) 2.8647
2020 Avg (May) 5.3533

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8084 2.7731 2.7921
February 2.8370 2.7971 2.8090
March 2.8826 2.8119 2.8369
April 2.9108 2.8331 2.8571
May 2.9180 2.8465 2.8647
June 2.8934 1.9098 2.1685
July 2.0656 1.9838 2.0231
August 2.0174 1.9774 1.9939
September 2.0112 1.9768 1.9901
October 2.0317 1.9857 1.9988
November 2.0494 1.9987 2.0138
December 2.2724 1.9955 2.0570