YEARLY HIGH
99.1125 MGA
YEARLY LOW
87.6004 MGA
YEARLY AVERAGE
92.6931 MGA

2021 MUR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MUR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 99.1125. Conversely, the yearly low was recorded on July 13, dropping to 87.6004.

This high-to-low spread represents a total annual volatility of 11.5121 MGA. From a start-to-finish perspective, comparing the January average rate of 96.3553 to the December average rate of 91.0884, the exchange rate registered a net change of -5.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 99.1125 was down 2.90% compared to the 2020 peak of 102.0683, 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 495,563 MGA
2020 Average 485,808 MGA
Yearly Trough Low 438,002 MGA
Transaction Impact: A difference of 57,560.53 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

97.0217
89.0243
JanuMarcMayJulySeptNove

MUR to MGA 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 93.9506, compared to 91.4356 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.5150 points.

H1 Avg (Jan–Jun) 93.9506
H2 Avg (Jul–Dec) 91.4356

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 5.6463 MGA (High: 94.7691 / Low: 89.1228). On the other end, March was the most stable month, with a tight range of 1.7001 MGA (High: 94.7529 / Low: 93.0528).

June Spread (Volatile) ±5.6463
March Spread (Stable) ±1.7001

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 2.5787 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.5787

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 96.3553) against the same month in 2020 (average: 100.6097), the exchange rate shifted by -4.2545 (-4.23%).

2021 Avg (January) 96.3553
2020 Avg (January) 100.6097

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 99.1125 94.8679 96.3553
February 95.7037 92.7163 94.6342
March 94.7529 93.0528 93.9834
April 95.0545 92.0337 93.7109
May 94.6961 90.8858 92.7506
June 94.7691 89.1228 92.2695
July 91.7040 87.6004 89.6908
August 92.4234 89.0699 91.2208
September 93.1544 90.5876 92.3687
October 92.9772 91.1389 92.3767
November 92.7020 90.3556 91.8682
December 92.7280 88.9961 91.0884