YEARLY HIGH
0.6324 HNL
YEARLY LOW
0.5478 HNL
YEARLY AVERAGE
0.5804 HNL

2021 MUR to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MUR to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.6324. Conversely, the yearly low was recorded on November 25, dropping to 0.5478.

This high-to-low spread represents a total annual volatility of 0.0845 HNL. From a start-to-finish perspective, comparing the January average rate of 0.6135 to the December average rate of 0.5575, the exchange rate registered a net change of -9.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.6324 was down 8.91% compared to the 2020 peak of 0.6942, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,162 HNL
2020 Average 3,156 HNL
Yearly Trough Low 2,739 HNL
Transaction Impact: A difference of 422.71 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.6191
0.5519
JanuMarcMayJulySeptNove

MUR to HNL 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 0.6005, compared to 0.5602 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0403 points.

H1 Avg (JanтАУJun) 0.6005
H2 Avg (JulтАУDec) 0.5602

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0390 HNL (High: 0.5951 / Low: 0.5560). On the other end, February was the most stable month, with a tight range of 0.0086 HNL (High: 0.6128 / Low: 0.6041).

June Spread (Volatile) ┬▒0.0390
February Spread (Stable) ┬▒0.0086

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0293 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0293

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.6135) against the same month in 2020 (average: 0.6775), the exchange rate shifted by -0.0640 (-9.44%).

2021 Avg (January) 0.6135
2020 Avg (January) 0.6775

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

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 0.6324 0.6079 0.6135
February 0.6128 0.6041 0.6097
March 0.6110 0.5910 0.6030
April 0.6000 0.5854 0.5957
May 0.5993 0.5819 0.5942
June 0.5951 0.5560 0.5871
July 0.5646 0.5509 0.5578
August 0.5641 0.5508 0.5577
September 0.5723 0.5617 0.5665
October 0.5683 0.5564 0.5641
November 0.5626 0.5478 0.5578
December 0.5622 0.5525 0.5575