2021 MDL to INR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 MDL to INR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MDL to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 12, valuing the pair at 4.3596. Conversely, the yearly low was recorded on March 28, dropping to 4.0432.
This high-to-low spread represents a total annual volatility of 0.3164 INR. From a start-to-finish perspective, comparing the January average rate of 4.2390 to the December average rate of 4.2527, the exchange rate registered a net change of 0.32% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 4.3596 was down 4.49% compared to the 2020 peak of 4.5645, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MDL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
MDL to INR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 4.1629, compared to 4.2178 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0550 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was March, with a trading range of 0.1495 INR (High: 4.1927 / Low: 4.0432). On the other end, May was the most stable month, with a tight range of 0.0667 INR (High: 4.1772 / Low: 4.1105).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0746 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2021: 4.3045) against the same month in 2020 (average: 4.3502), the exchange rate shifted by -0.0457 (-1.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.2910 | 4.1810 | 4.2390 |
| February | 4.2362 | 4.1315 | 4.1826 |
| March | 4.1927 | 4.0432 | 4.1124 |
| April | 4.2071 | 4.0606 | 4.1625 |
| May | 4.1772 | 4.1105 | 4.1373 |
| June | 4.1868 | 4.1151 | 4.1435 |
| July | 4.1827 | 4.1156 | 4.1427 |
| August | 4.2401 | 4.1407 | 4.1938 |
| September | 4.2325 | 4.1306 | 4.1835 |
| October | 4.3596 | 4.2268 | 4.3045 |
| November | 4.2930 | 4.1977 | 4.2299 |
| December | 4.3078 | 4.1924 | 4.2527 |