YEARLY HIGH
5.1664 MUR
YEARLY LOW
4.5678 MUR
YEARLY AVERAGE
4.8369 MUR

2021 NOK to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 5.1664. Conversely, the yearly low was recorded on January 27, dropping to 4.5678.

This high-to-low spread represents a total annual volatility of 0.5986 MUR. From a start-to-finish perspective, comparing the January average rate of 4.6375 to the December average rate of 4.8556, the exchange rate registered a net change of 4.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 5.1664 was up 11.65% compared to the 2020 peak of 4.6275, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 25,832 MUR
2020 Average 20,894 MUR
Yearly Trough Low 22,839 MUR
Transaction Impact: A difference of 2,992.98 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

5.1015
4.5953
JanuMarcMayJulySeptNove

NOK 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 4.7630, compared to 4.9109 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.1480 points.

H1 Avg (JanтАУJun) 4.7630
H2 Avg (JulтАУDec) 4.9109

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.3748 MUR (High: 5.1118 / Low: 4.7370). On the other end, January was the most stable month, with a tight range of 0.1295 MUR (High: 4.6974 / Low: 4.5678).

November Spread (Volatile) ┬▒0.3748
January Spread (Stable) ┬▒0.1295

Growth Streaks & Declines

Trends

Between January and May, 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 October and November, when the average rate fell by 0.1159 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1159

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 5.0593) against the same month in 2020 (average: 4.2922), the exchange rate shifted by +0.7672 (+17.87%).

2021 Avg (October) 5.0593
2020 Avg (October) 4.2922

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Month High Low Average
January 4.6974 4.5678 4.6375
February 4.7450 4.5978 4.6737
March 4.7909 4.6407 4.7095
April 4.9300 4.7286 4.8171
May 4.9700 4.8249 4.8809
June 4.9949 4.7152 4.8590
July 5.0328 4.7258 4.8793
August 4.9539 4.6936 4.8172
September 5.0244 4.8619 4.9108
October 5.1664 4.9463 5.0593
November 5.1118 4.7370 4.9434
December 4.9865 4.6798 4.8556