YEARLY HIGH
0.2394 AED
YEARLY LOW
0.2370 AED
YEARLY AVERAGE
0.2380 AED

2021 MVR to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MVR to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on June 30, valuing the pair at 0.2394. Conversely, the yearly low was recorded on June 9, dropping to 0.2370.

This high-to-low spread represents a total annual volatility of 0.0024 AED. From a start-to-finish perspective, comparing the January average rate of 0.2384 to the December average rate of 0.2379, the exchange rate registered a net change of -0.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2394 was up 0.32% compared to the 2020 peak of 0.2387, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MVR based on timing:

Yearly Peak High 1,197 AED
2020 Average 1,190 AED
Yearly Trough Low 1,185 AED
Transaction Impact: A difference of 12.23 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2385
0.2376
JanuMarcMayJulySeptNove

MVR to AED 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 0.2381, compared to 0.2379 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.2381
H2 Avg (Jul–Dec) 0.2379

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0024 AED (High: 0.2394 / Low: 0.2370). On the other end, February was the most stable month, with a tight range of 0.0004 AED (High: 0.2385 / Low: 0.2381).

June Spread (Volatile) ±0.0024
February Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between October and December, 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 July and August, when the average rate fell by 0.0007 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.2378) against the same month in 2020 (average: 0.2379), the exchange rate shifted by -0.0000 (-0.01%).

2021 Avg (June) 0.2378
2020 Avg (June) 0.2379

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2385 0.2380 0.2384
February 0.2385 0.2381 0.2384
March 0.2385 0.2376 0.2379
April 0.2385 0.2372 0.2377
May 0.2393 0.2370 0.2383
June 0.2394 0.2370 0.2378
July 0.2389 0.2377 0.2384
August 0.2385 0.2374 0.2377
September 0.2385 0.2377 0.2380
October 0.2385 0.2376 0.2378
November 0.2385 0.2376 0.2378
December 0.2385 0.2376 0.2379