YEARLY HIGH
31.1220 MUR
YEARLY LOW
28.0370 MUR
YEARLY AVERAGE
29.4031 MUR

2021 NZD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NZD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 31.1220. Conversely, the yearly low was recorded on March 25, dropping to 28.0370.

This high-to-low spread represents a total annual volatility of 3.0849 MUR. From a start-to-finish perspective, comparing the January average rate of 28.3955 to the December average rate of 29.5563, the exchange rate registered a net change of 4.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 31.1220 was up 9.03% compared to the 2020 peak of 28.5450, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 155,610 MUR
2020 Average 127,612 MUR
Yearly Trough Low 140,185 MUR
Transaction Impact: A difference of 15,424.72 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

30.5455
28.2000
JanuMarcMayJulySeptNove

NZD 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 28.8363, compared to 29.9699 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 1.1336 points.

H1 Avg (JanтАУJun) 28.8363
H2 Avg (JulтАУDec) 29.9699

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 1.7247 MUR (High: 31.1220 / Low: 29.3972). On the other end, January was the most stable month, with a tight range of 0.6365 MUR (High: 28.7436 / Low: 28.1071).

October Spread (Volatile) ┬▒1.7247
January Spread (Stable) ┬▒0.6365

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.7938 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.7938

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 30.2230) against the same month in 2020 (average: 26.4809), the exchange rate shifted by +3.7422 (+14.13%).

2021 Avg (October) 30.2230
2020 Avg (October) 26.4809

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

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Month High Low Average
January 28.7436 28.1071 28.3955
February 29.5499 28.3640 28.8074
March 29.1899 28.0370 28.6366
April 29.5598 28.1205 28.7987
May 30.0541 28.8628 29.2972
June 30.0818 28.3632 29.0827
July 30.3898 29.4551 29.9105
August 30.3550 28.9592 29.7541
September 30.6999 29.4119 30.0255
October 31.1220 29.3972 30.2230
November 31.0123 29.3160 30.3501
December 30.0531 29.0024 29.5563