YEARLY HIGH
0.0299 MUR
YEARLY LOW
0.0217 MUR
YEARLY AVERAGE
0.0260 MUR

2021 MMK to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MMK to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.0299. Conversely, the yearly low was recorded on October 6, dropping to 0.0217.

This high-to-low spread represents a total annual volatility of 0.0083 MUR. From a start-to-finish perspective, comparing the January average rate of 0.0297 to the December average rate of 0.0245, the exchange rate registered a net change of -17.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0299 was down 4.13% compared to the 2020 peak of 0.0312, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 150 MUR
2020 Average 143 MUR
Yearly Trough Low 108 MUR
Transaction Impact: A difference of 41.28 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0304
0.0220
JanuMarcMayJulySeptNove

MMK 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: JanтАУJun) was 0.0275, compared to 0.0246 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0029 points.

H1 Avg (JanтАУJun) 0.0275
H2 Avg (JulтАУDec) 0.0246

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0034 MUR (High: 0.0292 / Low: 0.0259). On the other end, August was the most stable month, with a tight range of 0.0004 MUR (High: 0.0262 / Low: 0.0258).

April Spread (Volatile) ┬▒0.0034
August Spread (Stable) ┬▒0.0004

Growth Streaks & Declines

Trends

Between October and December, 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 April and May, when the average rate fell by 0.0027 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.0284) against the same month in 2020 (average: 0.0257), the exchange rate shifted by +0.0027 (+10.59%).

2021 Avg (February) 0.0284
2020 Avg (February) 0.0257

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

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Month High Low Average
January 0.0299 0.0293 0.0297
February 0.0299 0.0281 0.0284
March 0.0289 0.0282 0.0285
April 0.0292 0.0259 0.0281
May 0.0263 0.0245 0.0254
June 0.0261 0.0246 0.0249
July 0.0263 0.0258 0.0260
August 0.0262 0.0258 0.0259
September 0.0258 0.0227 0.0241
October 0.0240 0.0217 0.0227
November 0.0246 0.0236 0.0242
December 0.0248 0.0241 0.0245