2021 MVR to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 MVR to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MVR to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on October 12, valuing the pair at 77.7936. Conversely, the yearly low was recorded on January 2, dropping to 70.5019.
This high-to-low spread represents a total annual volatility of 7.2916 KRW. From a start-to-finish perspective, comparing the January average rate of 71.3940 to the December average rate of 76.7124, the exchange rate registered a net change of 7.45% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 77.7936 was down 5.03% compared to the 2020 peak of 81.9123, 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 KRW 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 72.4433, compared to 75.9090 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.4656 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was March, with a trading range of 2.5137 KRW (High: 74.1058 / Low: 71.5922). On the other end, April was the most stable month, with a tight range of 1.3812 KRW (High: 73.0783 / Low: 71.6971).
Growth Streaks & Declines
TrendsBetween June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.8055 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2021: 76.5424) against the same month in 2020 (average: 74.2786), the exchange rate shifted by +2.2638 (+3.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 72.6266 | 70.5019 | 71.3940 |
| February | 73.0435 | 71.5334 | 72.1781 |
| March | 74.1058 | 71.5922 | 73.2111 |
| April | 73.0783 | 71.6971 | 72.4056 |
| May | 73.5455 | 71.7139 | 72.7692 |
| June | 73.7140 | 71.6825 | 72.7022 |
| July | 74.8130 | 73.4053 | 74.2806 |
| August | 76.1616 | 73.9468 | 75.1078 |
| September | 76.9490 | 74.8049 | 75.9899 |
| October | 77.7936 | 75.6026 | 76.5424 |
| November | 77.7257 | 76.2174 | 76.8206 |
| December | 77.3111 | 75.8997 | 76.7124 |