YEARLY HIGH
0.3801 TRY
YEARLY LOW
0.1740 TRY
YEARLY AVERAGE
0.2128 TRY

2021 MUR to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MUR to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.3801. Conversely, the yearly low was recorded on February 16, dropping to 0.1740.

This high-to-low spread represents a total annual volatility of 0.2061 TRY. From a start-to-finish perspective, comparing the January average rate of 0.1873 to the December average rate of 0.3091, the exchange rate registered a net change of 65.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.3801 was up 78.14% compared to the 2020 peak of 0.2134, 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 1,901 TRY
2020 Average 894 TRY
Yearly Trough Low 870 TRY
Transaction Impact: A difference of 1,030.49 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.3221
0.1656
JanuMarcMayJulySeptNove

MUR to TRY 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 0.1963, compared to 0.2292 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0330 points.

H1 Avg (Jan–Jun) 0.1963
H2 Avg (Jul–Dec) 0.2292

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.1353 TRY (High: 0.3801 / Low: 0.2448). On the other end, January was the most stable month, with a tight range of 0.0066 TRY (High: 0.1905 / Low: 0.1839).

December Spread (Volatile) ±0.1353
January Spread (Stable) ±0.0066

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0100 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0100

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.3091) against the same month in 2020 (average: 0.1945), the exchange rate shifted by +0.1146 (+58.92%).

2021 Avg (December) 0.3091
2020 Avg (December) 0.1945

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1905 0.1839 0.1873
February 0.1863 0.1740 0.1787
March 0.2064 0.1794 0.1916
April 0.2084 0.1950 0.2024
May 0.2121 0.2024 0.2069
June 0.2143 0.2024 0.2108
July 0.2038 0.1962 0.2008
August 0.2036 0.1932 0.1988
September 0.2084 0.1956 0.2015
October 0.2274 0.2072 0.2158
November 0.3105 0.2209 0.2495
December 0.3801 0.2448 0.3091