YEARLY HIGH
0.3939 MUR
YEARLY LOW
0.3649 MUR
YEARLY AVERAGE
0.3787 MUR

2021 JPY to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JPY to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 0.3939. Conversely, the yearly low was recorded on April 3, dropping to 0.3649.

This high-to-low spread represents a total annual volatility of 0.0290 MUR. From a start-to-finish perspective, comparing the January average rate of 0.3808 to the December average rate of 0.3826, the exchange rate registered a net change of 0.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.3939 was up 1.76% compared to the 2020 peak of 0.3872, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 196,975 MUR
2020 Average 183,846 MUR
Yearly Trough Low 182,466 MUR
Transaction Impact: A difference of 14,508.71 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.3902
0.3671
JanuMarcMayJulySeptNove

JPY 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 0.3735, compared to 0.3839 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0105 points.

H1 Avg (Jan–Jun) 0.3735
H2 Avg (Jul–Dec) 0.3839

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0186 MUR (High: 0.3869 / Low: 0.3683). On the other end, August was the most stable month, with a tight range of 0.0061 MUR (High: 0.3912 / Low: 0.3851).

June Spread (Volatile) ±0.0186
August Spread (Stable) ±0.0061

Growth Streaks & Declines

Trends

Between March and August, 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 February and March, when the average rate fell by 0.0080 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 0.3881) against the same month in 2020 (average: 0.3743), the exchange rate shifted by +0.0138 (+3.70%).

2021 Avg (July) 0.3881
2020 Avg (July) 0.3743

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3845 0.3769 0.3808
February 0.3801 0.3736 0.3770
March 0.3742 0.3658 0.3690
April 0.3791 0.3649 0.3707
May 0.3772 0.3680 0.3714
June 0.3869 0.3683 0.3720
July 0.3939 0.3823 0.3881
August 0.3912 0.3851 0.3883
September 0.3936 0.3821 0.3862
October 0.3849 0.3724 0.3785
November 0.3874 0.3764 0.3800
December 0.3871 0.3784 0.3826