2021 MVR to KPW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 MVR to KPW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MVR to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on June 30, valuing the pair at 58.6638. Conversely, the yearly low was recorded on June 9, dropping to 58.0645.
This high-to-low spread represents a total annual volatility of 0.5993 KPW. From a start-to-finish perspective, comparing the January average rate of 58.4232 to the December average rate of 58.2915, 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 58.6638 was up 0.32% compared to the 2020 peak of 58.4795, 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 KPW 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 58.3383, compared to 58.3000 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0382 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was June, with a trading range of 0.5993 KPW (High: 58.6638 / Low: 58.0645). On the other end, February was the most stable month, with a tight range of 0.0947 KPW (High: 58.4416 / Low: 58.3468).
Growth Streaks & Declines
TrendsBetween 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 0.1622 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2021: 58.2701) against the same month in 2020 (average: 58.2793), the exchange rate shifted by -0.0092 (-0.02%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 58.4418 | 58.3279 | 58.4232 |
| February | 58.4416 | 58.3468 | 58.4180 |
| March | 58.4416 | 58.2147 | 58.2970 |
| April | 58.4416 | 58.1208 | 58.2434 |
| May | 58.6319 | 58.0645 | 58.3778 |
| June | 58.6638 | 58.0645 | 58.2701 |
| July | 58.5366 | 58.2524 | 58.4049 |
| August | 58.4416 | 58.1771 | 58.2427 |
| September | 58.4416 | 58.2517 | 58.3071 |
| October | 58.4416 | 58.2147 | 58.2744 |
| November | 58.4416 | 58.2147 | 58.2795 |
| December | 58.4416 | 58.2147 | 58.2915 |