2021 MUR to CVE Historical Review

YEARLY HIGH

2.3389 CVE

YEARLY LOW

2.1665 CVE

YEARLY AVERAGE

2.2516 CVE

2021 MUR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MUR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 2.3389. Conversely, the yearly low was recorded on August 6, dropping to 2.1665.

This high-to-low spread represents a total annual volatility of 0.1724 CVE. From a start-to-finish perspective, comparing the January average rate of 2.3020 to the December average rate of 2.2500, the exchange rate registered a net change of -2.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.3389 was down 64.30% compared to the 2020 peak of 6.5522, 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 11,694 CVE

2020 Average 12,450 CVE

Yearly Trough Low 10,832 CVE

Transaction Impact: A difference of 862.05 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.3314

2.1757

JanuMarcMayJulySeptNove

MUR to CVE 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 2.2849, compared to 2.2183 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0667 points.

H1 Avg (Jan–Jun) 2.2849

H2 Avg (Jul–Dec) 2.2183

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.1022 CVE (High: 2.2732 / Low: 2.1709). On the other end, March was the most stable month, with a tight range of 0.0383 CVE (High: 2.3389 / Low: 2.3006).

June Spread (Volatile) ±0.1022

March Spread (Stable) ±0.0383

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 0.0567 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0567

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 2.3184) against the same month in 2020 (average: 2.7390), the exchange rate shifted by -0.4206 (-15.35%).

2021 Avg (March) 2.3184

2020 Avg (March) 2.7390

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3223	2.2809	2.3020
February	2.3296	2.2762	2.3031
March	2.3389	2.3006	2.3184
April	2.3280	2.2421	2.2910
May	2.2816	2.2050	2.2497
June	2.2732	2.1709	2.2454
July	2.2127	2.1682	2.1887
August	2.2317	2.1665	2.1990
September	2.2380	2.1742	2.2073
October	2.2471	2.1933	2.2271
November	2.2786	2.1959	2.2374
December	2.2899	2.2155	2.2500