YEARLY HIGH
0.0357 NZD
YEARLY LOW
0.0321 NZD
YEARLY AVERAGE
0.0340 NZD

2021 MUR to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MUR to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 25, valuing the pair at 0.0357. Conversely, the yearly low was recorded on October 27, dropping to 0.0321.

This high-to-low spread represents a total annual volatility of 0.0035 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0352 to the December average rate of 0.0338, the exchange rate registered a net change of -3.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0357 was down 21.61% compared to the 2020 peak of 0.0455, 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 178 NZD
2020 Average 197 NZD
Yearly Trough Low 161 NZD
Transaction Impact: A difference of 17.68 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0354
0.0327
JanuMarcMayJulySeptNove

MUR to NZD 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 0.0347, compared to 0.0334 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0347
H2 Avg (Jul–Dec) 0.0334

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0020 NZD (High: 0.0353 / Low: 0.0332). On the other end, January was the most stable month, with a tight range of 0.0008 NZD (High: 0.0356 / Low: 0.0348).

June Spread (Volatile) ±0.0020
January Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0010 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0349) against the same month in 2020 (average: 0.0431), the exchange rate shifted by -0.0082 (-18.97%).

2021 Avg (March) 0.0349
2020 Avg (March) 0.0431

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0356 0.0348 0.0352
February 0.0353 0.0338 0.0347
March 0.0357 0.0343 0.0349
April 0.0356 0.0338 0.0347
May 0.0346 0.0333 0.0341
June 0.0353 0.0332 0.0344
July 0.0339 0.0329 0.0334
August 0.0345 0.0329 0.0336
September 0.0340 0.0326 0.0333
October 0.0340 0.0321 0.0331
November 0.0341 0.0322 0.0330
December 0.0345 0.0333 0.0338