YEARLY HIGH
49.6155 BIF
YEARLY LOW
45.2007 BIF
YEARLY AVERAGE
47.5156 BIF

2021 MUR to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MUR to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 49.6155. Conversely, the yearly low was recorded on November 29, dropping to 45.2007.

This high-to-low spread represents a total annual volatility of 4.4149 BIF. From a start-to-finish perspective, comparing the January average rate of 49.2596 to the December average rate of 45.8643, the exchange rate registered a net change of -6.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 49.6155 was down 4.18% compared to the 2020 peak of 51.7800, 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 248,078 BIF
2020 Average 244,182 BIF
Yearly Trough Low 226,003 BIF
Transaction Impact: A difference of 22,074.28 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

49.5992
45.5248
JanuMarcMayJulySeptNove

MUR to BIF 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 48.6999, compared to 46.3313 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.3686 points.

H1 Avg (Jan–Jun) 48.6999
H2 Avg (Jul–Dec) 46.3313

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 2.7372 BIF (High: 48.7931 / Low: 46.0558). On the other end, January was the most stable month, with a tight range of 0.6995 BIF (High: 49.6155 / Low: 48.9160).

June Spread (Volatile) ±2.7372
January Spread (Stable) ±0.6995

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 1.9902 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.9902

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 49.2596) against the same month in 2020 (average: 51.5140), the exchange rate shifted by -2.2544 (-4.38%).

2021 Avg (January) 49.2596
2020 Avg (January) 51.5140

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 49.6155 48.9160 49.2596
February 49.3591 48.5660 49.0640
March 49.1799 47.9060 48.6952
April 48.7252 47.3854 48.3173
May 48.9963 47.7276 48.5658
June 48.7931 46.0558 48.2975
July 46.7597 45.8548 46.3073
August 46.8264 45.9958 46.5155
September 47.0165 46.1912 46.7528
October 46.8651 45.8890 46.5213
November 46.4790 45.2007 46.0263
December 46.4362 45.3165 45.8643