YEARLY HIGH
0.3925 MVR
YEARLY LOW
0.3493 MVR
YEARLY AVERAGE
0.3715 MVR

2021 MUR to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MUR to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 0.3925. Conversely, the yearly low was recorded on November 29, dropping to 0.3493.

This high-to-low spread represents a total annual volatility of 0.0432 MVR. From a start-to-finish perspective, comparing the January average rate of 0.3898 to the December average rate of 0.3545, the exchange rate registered a net change of -9.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.3925 was down 7.66% compared to the 2020 peak of 0.4251, 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 1,963 MVR
2020 Average 1,968 MVR
Yearly Trough Low 1,746 MVR
Transaction Impact: A difference of 216.13 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.3933
0.3509
JanuMarcMayJulySeptNove

MUR to MVR 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 0.3835, compared to 0.3595 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0240 points.

H1 Avg (Jan–Jun) 0.3835
H2 Avg (Jul–Dec) 0.3595

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0248 MVR (High: 0.3816 / Low: 0.3568). On the other end, January was the most stable month, with a tight range of 0.0048 MVR (High: 0.3925 / Low: 0.3877).

June Spread (Volatile) ±0.0248
January Spread (Stable) ±0.0048

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 0.0170 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0170

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.3898) against the same month in 2020 (average: 0.4224), the exchange rate shifted by -0.0326 (-7.72%).

2021 Avg (January) 0.3898
2020 Avg (January) 0.4224

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3925 0.3877 0.3898
February 0.3890 0.3835 0.3875
March 0.3869 0.3789 0.3845
April 0.3855 0.3750 0.3821
May 0.3847 0.3741 0.3802
June 0.3816 0.3568 0.3770
July 0.3639 0.3569 0.3601
August 0.3644 0.3587 0.3623
September 0.3657 0.3577 0.3629
October 0.3635 0.3556 0.3606
November 0.3594 0.3493 0.3566
December 0.3596 0.3506 0.3545