2021 MVR to KGS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 MVR to KGS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MVR to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on May 7, valuing the pair at 5.5244. Conversely, the yearly low was recorded on January 10, dropping to 5.3910.
This high-to-low spread represents a total annual volatility of 0.1334 KGS. From a start-to-finish perspective, comparing the January average rate of 5.4265 to the December average rate of 5.4918, the exchange rate registered a net change of 1.20% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 5.5244 was up 0.24% compared to the 2020 peak of 5.5111, 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 KGS 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 5.4722, compared to 5.4900 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0179 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was May, with a trading range of 0.0836 KGS (High: 5.5244 / Low: 5.4408). On the other end, March was the most stable month, with a tight range of 0.0198 KGS (High: 5.5043 / Low: 5.4844).
Growth Streaks & Declines
TrendsBetween January and March, 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 0.0156 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2021: 5.4822) against the same month in 2020 (average: 4.9434), the exchange rate shifted by +0.5388 (+10.90%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.4508 | 5.3910 | 5.4265 |
| February | 5.4917 | 5.4416 | 5.4702 |
| March | 5.5043 | 5.4844 | 5.4900 |
| April | 5.5063 | 5.4758 | 5.4876 |
| May | 5.5244 | 5.4408 | 5.4822 |
| June | 5.5138 | 5.4448 | 5.4766 |
| July | 5.5115 | 5.4634 | 5.4955 |
| August | 5.4944 | 5.4696 | 5.4799 |
| September | 5.5065 | 5.4827 | 5.4918 |
| October | 5.5065 | 5.4848 | 5.4907 |
| November | 5.5062 | 5.4840 | 5.4906 |
| December | 5.5062 | 5.4845 | 5.4918 |