YEARLY HIGH
0.0520 FJD
YEARLY LOW
0.0476 FJD
YEARLY AVERAGE
0.0498 FJD

2021 MUR to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MUR to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.0520. Conversely, the yearly low was recorded on October 27, dropping to 0.0476.

This high-to-low spread represents a total annual volatility of 0.0044 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0515 to the December average rate of 0.0489, the exchange rate registered a net change of -5.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0520 was down 14.49% compared to the 2020 peak of 0.0608, 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 260 FJD
2020 Average 277 FJD
Yearly Trough Low 238 FJD
Transaction Impact: A difference of 21.82 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0518
0.0482
JanuMarcMayJulySeptNove

MUR to FJD 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 0.0507, compared to 0.0488 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0507
H2 Avg (Jul–Dec) 0.0488

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0024 FJD (High: 0.0505 / Low: 0.0482). On the other end, January was the most stable month, with a tight range of 0.0008 FJD (High: 0.0520 / Low: 0.0511).

June Spread (Volatile) ±0.0024
January Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0014 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0515) against the same month in 2020 (average: 0.0592), the exchange rate shifted by -0.0077 (-12.97%).

2021 Avg (January) 0.0515
2020 Avg (January) 0.0592

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0520 0.0511 0.0515
February 0.0518 0.0502 0.0510
March 0.0515 0.0503 0.0509
April 0.0515 0.0496 0.0507
May 0.0506 0.0491 0.0501
June 0.0505 0.0482 0.0501
July 0.0491 0.0481 0.0486
August 0.0500 0.0481 0.0491
September 0.0495 0.0485 0.0491
October 0.0497 0.0476 0.0488
November 0.0493 0.0478 0.0485
December 0.0499 0.0480 0.0489