2021 MVR to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 MVR to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MVR to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 130.6321. Conversely, the yearly low was recorded on March 21, dropping to 127.2996.
This high-to-low spread represents a total annual volatility of 3.3325 CDF. From a start-to-finish perspective, comparing the January average rate of 128.1130 to the December average rate of 129.5707, the exchange rate registered a net change of 1.14% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 130.6321 was up 1.14% compared to the 2020 peak of 129.1558, 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 CDF 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 128.7563, compared to 129.2865 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5302 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was October, with a trading range of 2.3241 CDF (High: 130.6321 / Low: 128.3079). On the other end, February was the most stable month, with a tight range of 0.6861 CDF (High: 129.0260 / Low: 128.3398).
Growth Streaks & Declines
TrendsBetween January and May, 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 July and August, when the average rate fell by 0.6020 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2021: 129.3882) against the same month in 2020 (average: 126.5829), the exchange rate shifted by +2.8053 (+2.22%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 128.6532 | 127.8520 | 128.1130 |
| February | 129.0260 | 128.3398 | 128.5517 |
| March | 129.4805 | 127.2996 | 128.7535 |
| April | 129.7665 | 128.0531 | 128.7558 |
| May | 130.3583 | 128.6910 | 129.4541 |
| June | 129.6318 | 128.1131 | 128.9097 |
| July | 130.0974 | 128.5810 | 129.2776 |
| August | 129.3531 | 128.4202 | 128.6755 |
| September | 129.7448 | 128.5118 | 128.9997 |
| October | 130.6321 | 128.3079 | 129.3882 |
| November | 130.1711 | 129.3650 | 129.8075 |
| December | 130.4162 | 128.6394 | 129.5707 |