YEARLY HIGH
0.5905 MUR
YEARLY LOW
0.5339 MUR
YEARLY AVERAGE
0.5625 MUR

2021 INR to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the INR to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 0.5905. Conversely, the yearly low was recorded on January 11, dropping to 0.5339.

This high-to-low spread represents a total annual volatility of 0.0567 MUR. From a start-to-finish perspective, comparing the January average rate of 0.5406 to the December average rate of 0.5776, the exchange rate registered a net change of 6.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5905 was up 8.12% compared to the 2020 peak of 0.5462, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 147,637 MUR
2020 Average 132,277 MUR
Yearly Trough Low 133,469 MUR
Transaction Impact: A difference of 14,167.65 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5856
0.5365
JanuMarcMayJulySeptNove

INR 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 0.5486, compared to 0.5764 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0278 points.

H1 Avg (Jan–Jun) 0.5486
H2 Avg (Jul–Dec) 0.5764

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0280 MUR (High: 0.5782 / Low: 0.5501). On the other end, February was the most stable month, with a tight range of 0.0098 MUR (High: 0.5506 / Low: 0.5408).

June Spread (Volatile) ±0.0280
February Spread (Stable) ±0.0098

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0087 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0087

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.5815) against the same month in 2020 (average: 0.5377), the exchange rate shifted by +0.0438 (+8.15%).

2021 Avg (November) 0.5815
2020 Avg (November) 0.5377

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5445 0.5339 0.5406
February 0.5506 0.5408 0.5459
March 0.5573 0.5429 0.5517
April 0.5539 0.5357 0.5430
May 0.5698 0.5439 0.5540
June 0.5782 0.5501 0.5566
July 0.5805 0.5701 0.5743
August 0.5898 0.5706 0.5755
September 0.5859 0.5737 0.5780
October 0.5790 0.5643 0.5716
November 0.5905 0.5728 0.5815
December 0.5898 0.5659 0.5776