2021 MVR to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 MVR to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MVR to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on June 30, valuing the pair at 23.2700. Conversely, the yearly low was recorded on December 27, dropping to 0.0647.
This high-to-low spread represents a total annual volatility of 23.2053 MRO. From a start-to-finish perspective, comparing the January average rate of 23.1745 to the December average rate of 16.4283, the exchange rate registered a net change of -29.11% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 23.2700 was up 0.31% compared to the 2020 peak of 23.1969, 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 MRO 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 23.1408, compared to 22.0100 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1308 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was December, with a trading range of 23.1171 MRO (High: 23.1818 / Low: 0.0647). On the other end, February was the most stable month, with a tight range of 0.0376 MRO (High: 23.1818 / Low: 23.1442).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 6.6892 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2021: 23.1138) against the same month in 2020 (average: 23.1175), the exchange rate shifted by -0.0037 (-0.02%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.1819 | 23.1367 | 23.1745 |
| February | 23.1818 | 23.1442 | 23.1725 |
| March | 23.1818 | 23.0918 | 23.1245 |
| April | 23.1818 | 23.0546 | 23.1032 |
| May | 23.2573 | 23.0322 | 23.1565 |
| June | 23.2700 | 23.0322 | 23.1138 |
| July | 23.2195 | 23.1068 | 23.1673 |
| August | 23.1818 | 23.0769 | 23.1029 |
| September | 23.1818 | 23.1065 | 23.1285 |
| October | 23.1818 | 23.0918 | 23.1155 |
| November | 23.1818 | 23.0918 | 23.1175 |
| December | 23.1818 | 0.0647 | 16.4283 |