YEARLY HIGH
0.0414 BGN
YEARLY LOW
0.0382 BGN
YEARLY AVERAGE
0.0398 BGN

2021 MUR to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MUR to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 0.0414. Conversely, the yearly low was recorded on July 29, dropping to 0.0382.

This high-to-low spread represents a total annual volatility of 0.0032 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0407 to the December average rate of 0.0397, the exchange rate registered a net change of -2.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0414 was down 14.96% compared to the 2020 peak of 0.0487, 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 207 BGN
2020 Average 219 BGN
Yearly Trough Low 191 BGN
Transaction Impact: A difference of 16.01 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0412
0.0384
JanuMarcMayJulySeptNove

MUR to BGN 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: Jan–Jun) was 0.0404, compared to 0.0392 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0404
H2 Avg (Jul–Dec) 0.0392

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0020 BGN (High: 0.0404 / Low: 0.0384). On the other end, January was the most stable month, with a tight range of 0.0007 BGN (High: 0.0410 / Low: 0.0403).

June Spread (Volatile) ±0.0020
January Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0010 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0409) against the same month in 2020 (average: 0.0461), the exchange rate shifted by -0.0051 (-11.11%).

2021 Avg (March) 0.0409
2020 Avg (March) 0.0461

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0410 0.0403 0.0407
February 0.0411 0.0403 0.0407
March 0.0414 0.0405 0.0409
April 0.0412 0.0397 0.0405
May 0.0404 0.0387 0.0397
June 0.0404 0.0384 0.0397
July 0.0391 0.0382 0.0386
August 0.0395 0.0385 0.0390
September 0.0396 0.0384 0.0390
October 0.0399 0.0388 0.0394
November 0.0402 0.0388 0.0396
December 0.0404 0.0392 0.0397