YEARLY HIGH
0.0580 EUR
YEARLY LOW
0.0526 EUR
YEARLY AVERAGE
0.0548 EUR

2021 MVR to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MVR to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.0580. Conversely, the yearly low was recorded on January 6, dropping to 0.0526.

This high-to-low spread represents a total annual volatility of 0.0054 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0534 to the December average rate of 0.0573, the exchange rate registered a net change of 7.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0580 was down 4.89% compared to the 2020 peak of 0.0609, 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 290 EUR
2020 Average 284 EUR
Yearly Trough Low 263 EUR
Transaction Impact: A difference of 26.83 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0577
0.0530
JanuMarcMayJulySeptNove

MVR to EUR 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 0.0538, compared to 0.0558 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0538
H2 Avg (Jul–Dec) 0.0558

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0022 EUR (High: 0.0580 / Low: 0.0557). On the other end, July was the most stable month, with a tight range of 0.0007 EUR (High: 0.0552 / Low: 0.0544).

November Spread (Volatile) ±0.0022
July Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0007 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.0568) against the same month in 2020 (average: 0.0548), the exchange rate shifted by +0.0020 (+3.63%).

2021 Avg (November) 0.0568
2020 Avg (November) 0.0548

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0538 0.0526 0.0534
February 0.0543 0.0534 0.0537
March 0.0552 0.0537 0.0544
April 0.0550 0.0533 0.0541
May 0.0543 0.0529 0.0534
June 0.0550 0.0529 0.0538
July 0.0552 0.0544 0.0549
August 0.0554 0.0545 0.0550
September 0.0559 0.0545 0.0550
October 0.0563 0.0554 0.0558
November 0.0580 0.0557 0.0568
December 0.0578 0.0570 0.0573