YEARLY HIGH
1072.7388 IRR
YEARLY LOW
958.2672 IRR
YEARLY AVERAGE
1014.8327 IRR

2021 MUR to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MUR to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 1072.7388. Conversely, the yearly low was recorded on November 29, dropping to 958.2672.

This high-to-low spread represents a total annual volatility of 114.4716 IRR. From a start-to-finish perspective, comparing the January average rate of 1065.5132 to the December average rate of 970.3059, the exchange rate registered a net change of -8.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1072.7388 was down 35.41% compared to the 2020 peak of 1660.8637, 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 5,363,694 IRR
2020 Average 5,380,409 IRR
Yearly Trough Low 4,791,336 IRR
Transaction Impact: A difference of 572,358.12 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1075.0339
960.7852
JanuMarcMayJulySeptNove

MUR to IRR 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 1046.8041, compared to 982.8613 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 63.9428 points.

H1 Avg (Jan–Jun) 1046.8041
H2 Avg (Jul–Dec) 982.8613

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 60.1451 IRR (High: 1040.4939 / Low: 980.3488). On the other end, January was the most stable month, with a tight range of 13.4935 IRR (High: 1072.7388 / Low: 1059.2453).

June Spread (Volatile) ±60.1451
January Spread (Stable) ±13.4935

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 43.3372 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -43.3372

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1065.5132) against the same month in 2020 (average: 1150.8673), the exchange rate shifted by -85.3542 (-7.42%).

2021 Avg (January) 1065.5132
2020 Avg (January) 1150.8673

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1072.7388 1059.2453 1065.5132
February 1063.5261 1048.5593 1059.0320
March 1057.9146 1031.9853 1048.6837
April 1050.0000 1021.9660 1041.2241
May 1045.0494 1019.4707 1038.4763
June 1040.4939 980.3488 1027.8951
July 992.7632 975.7822 984.5580
August 995.7546 978.0743 988.8168
September 998.1156 980.4588 992.1694
October 992.8235 972.2636 985.7174
November 983.4326 958.2672 975.6001
December 983.8259 958.6508 970.3059