2021 MUR to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
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.
Comparing the value generated converting 5,000 MUR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |