2021 MUR to LRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 MUR to LRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MUR to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 4.3682. Conversely, the yearly low was recorded on November 29, dropping to 3.2207.
This high-to-low spread represents a total annual volatility of 1.1475 LRD. From a start-to-finish perspective, comparing the January average rate of 4.2581 to the December average rate of 3.2736, the exchange rate registered a net change of -23.12% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 4.3682 was down 18.39% compared to the 2020 peak of 5.3523, 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 LRD 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 4.2687, compared to 3.7484 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5203 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was October, with a trading range of 0.5338 LRD (High: 4.0176 / Low: 3.4839). On the other end, February was the most stable month, with a tight range of 0.0630 LRD (High: 4.3682 / Low: 4.3052).
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 October and November, when the average rate fell by 0.4616 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2021: 4.3406) against the same month in 2020 (average: 5.2817), the exchange rate shifted by -0.9411 (-17.82%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.3257 | 4.1369 | 4.2581 |
| February | 4.3682 | 4.3052 | 4.3406 |
| March | 4.3644 | 4.2426 | 4.3230 |
| April | 4.3142 | 4.1905 | 4.2690 |
| May | 4.2692 | 4.1561 | 4.2374 |
| June | 4.2346 | 3.9872 | 4.1842 |
| July | 4.0424 | 3.9757 | 4.0091 |
| August | 4.0525 | 3.9820 | 4.0258 |
| September | 4.0626 | 3.9814 | 4.0319 |
| October | 4.0176 | 3.4839 | 3.8058 |
| November | 3.4868 | 3.2207 | 3.3442 |
| December | 3.3288 | 3.2379 | 3.2736 |