2021 MRO to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 MRO to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MRO to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1190.5902. Conversely, the yearly low was recorded on January 2, dropping to 3.0413.
This high-to-low spread represents a total annual volatility of 1187.5490 KRW. From a start-to-finish perspective, comparing the January average rate of 3.0807 to the December average rate of 347.0209, the exchange rate registered a net change of 11164.33% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 1190.5902 was up 33594.61% compared to the 2020 peak of 3.5335, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MRO based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
MRO to KRW Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 3.1306, compared to 60.5663 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 57.4358 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was December, with a trading range of 1187.3055 KRW (High: 1190.5902 / Low: 3.2847). On the other end, April was the most stable month, with a tight range of 0.0621 KRW (High: 3.1647 / Low: 3.1026).
Growth Streaks & Declines
TrendsBetween April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0320 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 347.0209) against the same month in 2020 (average: 3.0650), the exchange rate shifted by +343.9559 (+11221.90%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.1329 | 3.0413 | 3.0807 |
| February | 3.1509 | 3.0878 | 3.1148 |
| March | 3.1967 | 3.0883 | 3.1660 |
| April | 3.1647 | 3.1026 | 3.1340 |
| May | 3.1828 | 3.1036 | 3.1425 |
| June | 3.1800 | 3.1042 | 3.1454 |
| July | 3.2338 | 3.1665 | 3.2063 |
| August | 3.2982 | 3.2023 | 3.2510 |
| September | 3.3289 | 3.2374 | 3.2855 |
| October | 3.3558 | 3.2719 | 3.3113 |
| November | 3.3638 | 3.2985 | 3.3230 |
| December | 1190.5902 | 3.2847 | 347.0209 |