2021 MVR to KZT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 MVR to KZT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MVR to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 28.6361. Conversely, the yearly low was recorded on February 23, dropping to 26.9278.
This high-to-low spread represents a total annual volatility of 1.7084 KZT. From a start-to-finish perspective, comparing the January average rate of 27.3229 to the December average rate of 28.2855, the exchange rate registered a net change of 3.52% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 28.6361 was down 3.53% compared to the 2020 peak of 29.6837, 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 KZT 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 27.5065, compared to 27.7846 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2781 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was November, with a trading range of 0.8106 KZT (High: 28.4866 / Low: 27.6760). On the other end, September was the most stable month, with a tight range of 0.1889 KZT (High: 27.6834 / Low: 27.4945).
Growth Streaks & Declines
TrendsBetween February and April, 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 0.1346 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 28.2855) against the same month in 2020 (average: 27.3098), the exchange rate shifted by +0.9757 (+3.57%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 27.5020 | 27.1833 | 27.3229 |
| February | 27.5514 | 26.9278 | 27.1914 |
| March | 27.5263 | 27.0269 | 27.2518 |
| April | 28.0834 | 27.5579 | 27.8329 |
| May | 28.0317 | 27.5317 | 27.7630 |
| June | 27.8335 | 27.5698 | 27.6770 |
| July | 27.9703 | 27.5413 | 27.7042 |
| August | 27.6779 | 27.4420 | 27.5697 |
| September | 27.6834 | 27.4945 | 27.5906 |
| October | 27.7048 | 27.4798 | 27.5879 |
| November | 28.4866 | 27.6760 | 27.9699 |
| December | 28.6361 | 28.0506 | 28.2855 |