YEARLY HIGH
28.5676 KRW
YEARLY LOW
26.2283 KRW
YEARLY AVERAGE
27.5345 KRW

2021 MUR to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MUR to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 28.5676. Conversely, the yearly low was recorded on July 5, dropping to 26.2283.

This high-to-low spread represents a total annual volatility of 2.3393 KRW. From a start-to-finish perspective, comparing the January average rate of 27.8293 to the December average rate of 27.1926, the exchange rate registered a net change of -2.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 28.5676 was down 12.15% compared to the 2020 peak of 32.5177, 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 142,838 KRW
2020 Average 150,471 KRW
Yearly Trough Low 131,142 KRW
Transaction Impact: A difference of 11,696.48 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

28.2890
26.6062
JanuMarcMayJulySeptNove

MUR to KRW 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 27.7822, compared to 27.2868 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4953 points.

H1 Avg (Jan–Jun) 27.7822
H2 Avg (Jul–Dec) 27.2868

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 1.4790 KRW (High: 27.7721 / Low: 26.2931). On the other end, February was the most stable month, with a tight range of 0.6459 KRW (High: 28.2255 / Low: 27.5796).

June Spread (Volatile) ±1.4790
February Spread (Stable) ±0.6459

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.6623 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6623

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 28.1487) against the same month in 2020 (average: 31.6563), the exchange rate shifted by -3.5076 (-11.08%).

2021 Avg (March) 28.1487
2020 Avg (March) 31.6563

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 28.2458 27.3487 27.8293
February 28.2255 27.5796 27.9690
March 28.5676 27.6520 28.1487
April 27.9651 27.1036 27.6680
May 28.1252 26.8271 27.6693
June 27.7721 26.2931 27.4087
July 27.1283 26.2283 26.7464
August 27.7364 26.5875 27.2133
September 28.0029 27.0895 27.5750
October 28.1239 26.9757 27.6025
November 27.8185 27.0119 27.3912
December 27.5540 26.8637 27.1926