YEARLY HIGH
10.5423 MUR
YEARLY LOW
9.6790 MUR
YEARLY AVERAGE
10.0349 MUR

2021 MYR to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MYR to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 10.5423. Conversely, the yearly low was recorded on March 10, dropping to 9.6790.

This high-to-low spread represents a total annual volatility of 0.8633 MUR. From a start-to-finish perspective, comparing the January average rate of 9.7851 to the December average rate of 10.3418, the exchange rate registered a net change of 5.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 10.5423 was up 6.88% compared to the 2020 peak of 9.8638, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 210,846 MUR
2020 Average 186,793 MUR
Yearly Trough Low 193,580 MUR
Transaction Impact: A difference of 17,266.32 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

10.4205
9.7086
JanuMarcMayJulySeptNove

MYR to MUR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 9.8204, compared to 10.2495 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4292 points.

H1 Avg (Jan–Jun) 9.8204
H2 Avg (Jul–Dec) 10.2495

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.5467 MUR (High: 10.3577 / Low: 9.8110). On the other end, March was the most stable month, with a tight range of 0.1637 MUR (High: 9.8427 / Low: 9.6790).

June Spread (Volatile) ±0.5467
March Spread (Stable) ±0.1637

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0795 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0795

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 10.3418) against the same month in 2020 (average: 9.7633), the exchange rate shifted by +0.5785 (+5.93%).

2021 Avg (December) 10.3418
2020 Avg (December) 9.7633

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.8694 9.6819 9.7851
February 9.9640 9.7603 9.8228
March 9.8427 9.6790 9.7680
April 9.9891 9.7059 9.8067
May 10.0075 9.7502 9.8274
June 10.3577 9.8110 9.9123
July 10.3705 10.0378 10.1874
August 10.3548 10.0051 10.1079
September 10.3533 10.1133 10.2114
October 10.4762 10.1565 10.2875
November 10.4833 10.1409 10.3612
December 10.5423 10.1512 10.3418