2021 MVR to XOF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 MVR to XOF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MVR to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 38.0199. Conversely, the yearly low was recorded on January 6, dropping to 34.4995.
This high-to-low spread represents a total annual volatility of 3.5204 XOF. From a start-to-finish perspective, comparing the January average rate of 34.9988 to the December average rate of 37.5795, the exchange rate registered a net change of 7.37% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 38.0199 was down 4.89% compared to the 2020 peak of 39.9756, 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 XOF 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 35.2877, compared to 36.6026 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3149 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was November, with a trading range of 1.4663 XOF (High: 38.0199 / Low: 36.5535). On the other end, July was the most stable month, with a tight range of 0.4817 XOF (High: 36.1851 / Low: 35.7035).
Growth Streaks & Declines
TrendsBetween May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.4602 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2021: 37.2494) against the same month in 2020 (average: 35.9462), the exchange rate shifted by +1.3033 (+3.63%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 35.2999 | 34.4995 | 34.9988 |
| February | 35.5921 | 34.9997 | 35.2055 |
| March | 36.2162 | 35.2457 | 35.7096 |
| April | 36.0815 | 34.9773 | 35.4906 |
| May | 35.5882 | 34.7081 | 35.0304 |
| June | 36.0556 | 34.7283 | 35.2911 |
| July | 36.1851 | 35.7035 | 35.9915 |
| August | 36.3361 | 35.7698 | 36.0677 |
| September | 36.6813 | 35.7208 | 36.1030 |
| October | 36.9391 | 36.3426 | 36.6242 |
| November | 38.0199 | 36.5535 | 37.2494 |
| December | 37.8956 | 37.3746 | 37.5795 |