2021 MVR to BDT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 MVR to BDT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MVR to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 5.6128. Conversely, the yearly low was recorded on March 14, dropping to 5.4629.
This high-to-low spread represents a total annual volatility of 0.1499 BDT. From a start-to-finish perspective, comparing the January average rate of 5.5056 to the December average rate of 5.5565, the exchange rate registered a net change of 0.92% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 5.6128 was up 1.31% compared to the 2020 peak of 5.5403, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MVR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
MVR to BDT Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 5.4946, compared to 5.5306 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0359 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was December, with a trading range of 0.0852 BDT (High: 5.6128 / Low: 5.5276). On the other end, February was the most stable month, with a tight range of 0.0136 BDT (High: 5.5083 / Low: 5.4946).
Growth Streaks & Declines
TrendsBetween August and December, 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 February and March, when the average rate fell by 0.0147 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 5.5565) against the same month in 2020 (average: 5.5014), the exchange rate shifted by +0.0551 (+1.00%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.5240 | 5.4949 | 5.5056 |
| February | 5.5083 | 5.4946 | 5.5029 |
| March | 5.5085 | 5.4629 | 5.4882 |
| April | 5.5048 | 5.4642 | 5.4831 |
| May | 5.5245 | 5.4720 | 5.4986 |
| June | 5.5299 | 5.4705 | 5.4893 |
| July | 5.5142 | 5.4891 | 5.5022 |
| August | 5.5283 | 5.4767 | 5.5007 |
| September | 5.5461 | 5.5044 | 5.5254 |
| October | 5.5596 | 5.5349 | 5.5438 |
| November | 5.5722 | 5.5442 | 5.5550 |
| December | 5.6128 | 5.5276 | 5.5565 |