2021 MVR to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 MVR to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MVR to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 163.1494. Conversely, the yearly low was recorded on March 20, dropping to 33.1671.
This high-to-low spread represents a total annual volatility of 129.9822 SYP. From a start-to-finish perspective, comparing the January average rate of 33.2921 to the December average rate of 162.7304, the exchange rate registered a net change of 388.80% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 163.1494 was up 387.57% compared to the 2020 peak of 33.4619, 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 SYP 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 59.6963, compared to 100.4233 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 40.7270 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was November, with a trading range of 81.8414 SYP (High: 163.1494 / Low: 81.3079). On the other end, February was the most stable month, with a tight range of 0.0696 SYP (High: 33.3139 / Low: 33.2442).
Growth Streaks & Declines
TrendsBetween February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.2256 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2021: 113.9335) against the same month in 2020 (average: 33.2906), the exchange rate shifted by +80.6429 (+242.24%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 33.3389 | 33.2333 | 33.2921 |
| February | 33.3139 | 33.2442 | 33.2842 |
| March | 81.4069 | 33.1671 | 47.2040 |
| April | 81.6636 | 81.2179 | 81.3868 |
| May | 81.9318 | 81.1371 | 81.5755 |
| June | 81.9948 | 81.1395 | 81.4351 |
| July | 81.7790 | 81.3766 | 81.6113 |
| August | 81.6730 | 81.2979 | 81.3857 |
| September | 81.6623 | 81.3827 | 81.4709 |
| October | 81.6521 | 81.3053 | 81.4080 |
| November | 163.1494 | 81.3079 | 113.9335 |
| December | 163.1494 | 162.5162 | 162.7304 |