YEARLY HIGH
3.2826 ISK
YEARLY LOW
2.8684 ISK
YEARLY AVERAGE
3.0566 ISK

2021 MUR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MUR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 3.2826. Conversely, the yearly low was recorded on July 14, dropping to 2.8684.

This high-to-low spread represents a total annual volatility of 0.4142 ISK. From a start-to-finish perspective, comparing the January average rate of 3.2528 to the December average rate of 2.9869, the exchange rate registered a net change of -8.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 3.2826 was down 11.20% compared to the 2020 peak of 3.6966, 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 16,413 ISK
2020 Average 17,249 ISK
Yearly Trough Low 14,342 ISK
Transaction Impact: A difference of 2,071.04 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.2875
2.8707
JanuMarcMayJulySeptNove

MUR to ISK 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 3.1308, compared to 2.9824 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.1485 points.

H1 Avg (JanтАУJun) 3.1308
H2 Avg (JulтАУDec) 2.9824

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.1857 ISK (High: 3.1072 / Low: 2.9215). On the other end, January was the most stable month, with a tight range of 0.0708 ISK (High: 3.2826 / Low: 3.2119).

May Spread (Volatile) ┬▒0.1857
January Spread (Stable) ┬▒0.0708

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0745 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0745

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 3.2528) against the same month in 2020 (average: 3.3749), the exchange rate shifted by -0.1221 (-3.62%).

2021 Avg (January) 3.2528
2020 Avg (January) 3.3749

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 3.2826 3.2119 3.2528
February 3.2820 3.1718 3.2266
March 3.2200 3.1076 3.1709
April 3.1633 3.0385 3.1141
May 3.1072 2.9215 3.0407
June 3.0216 2.8777 2.9799
July 2.9651 2.8684 2.9055
August 3.0166 2.9107 2.9580
September 3.0651 2.9438 3.0125
October 3.0539 2.9765 3.0143
November 3.0726 2.9526 3.0170
December 3.0396 2.9500 2.9869