2021 BND to MVR Historical Review

YEARLY HIGH

11.7152 MVR

YEARLY LOW

11.2036 MVR

YEARLY AVERAGE

11.4873 MVR

2021 BND to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BND to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 11.7152. Conversely, the yearly low was recorded on December 19, dropping to 11.2036.

This high-to-low spread represents a total annual volatility of 0.5116 MVR. From a start-to-finish perspective, comparing the January average rate of 11.6107 to the December average rate of 11.3254, the exchange rate registered a net change of -2.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 11.7152 was up 0.51% compared to the 2020 peak of 11.6561, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 58,576 MVR

2020 Average 55,948 MVR

Yearly Trough Low 56,018 MVR

Transaction Impact: A difference of 2,557.92 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

11.6392

11.2969

JanuMarcMayJulySeptNove

BND to MVR 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 11.5785, compared to 11.3960 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1825 points.

H1 Avg (Jan–Jun) 11.5785

H2 Avg (Jul–Dec) 11.3960

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.2933 MVR (High: 11.7134 / Low: 11.4201). On the other end, March was the most stable month, with a tight range of 0.1586 MVR (High: 11.5750 / Low: 11.4164).

June Spread (Volatile) ±0.2933

March Spread (Stable) ±0.1586

Growth Streaks & Declines

Trends

Between March and May, 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 0.2016 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 11.6107) against the same month in 2020 (average: 11.4407), the exchange rate shifted by +0.1700 (+1.49%).

2021 Avg (January) 11.6107

2020 Avg (January) 11.4407

मासिक विश्लेषण

प्रत्येक कॅलेंडर महिन्यासाठी सांख्यिकीय सारांश.

Month	High	Low	Average
January	11.7152	11.5507	11.6107
February	11.6906	11.5229	11.6054
March	11.5750	11.4164	11.5037
April	11.6806	11.4726	11.5719
May	11.7023	11.4960	11.5961
June	11.7134	11.4201	11.5832
July	11.4635	11.2416	11.3817
August	11.5080	11.3292	11.4046
September	11.5381	11.3468	11.4568
October	11.5042	11.3416	11.4330
November	11.4685	11.2525	11.3745
December	11.4128	11.2036	11.3254

२०२५ भारतीय रुपया ते ब्रिटिश पाउंड ऐतिहासिक आढावा