2021 MYR to MVR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 MYR to MVR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MYR to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 3.8462. Conversely, the yearly low was recorded on July 21, dropping to 3.6313.
This high-to-low spread represents a total annual volatility of 0.2149 MVR. From a start-to-finish perspective, comparing the January average rate of 3.8142 to the December average rate of 3.6657, the exchange rate registered a net change of -3.89% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 3.8462 was up 0.83% compared to the 2020 peak of 3.8147, indicating shifts in long-term support levels.
Comparing the value generated converting 20,000 MYR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
MYR to MVR 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 3.7661, compared to 3.6842 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0819 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was November, with a trading range of 0.0900 MVR (High: 3.7233 / Low: 3.6334). On the other end, February was the most stable month, with a tight range of 0.0331 MVR (High: 3.8213 / Low: 3.7882).
Growth Streaks & Declines
TrendsBetween August and October, 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 June and July, when the average rate fell by 0.0686 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2021: 3.8142) against the same month in 2020 (average: 3.7897), the exchange rate shifted by +0.0245 (+0.65%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.8462 | 3.8002 | 3.8142 |
| February | 3.8213 | 3.7882 | 3.8063 |
| March | 3.7997 | 3.7220 | 3.7556 |
| April | 3.7778 | 3.7269 | 3.7473 |
| May | 3.7735 | 3.7155 | 3.7366 |
| June | 3.7644 | 3.6955 | 3.7365 |
| July | 3.7059 | 3.6313 | 3.6680 |
| August | 3.7166 | 3.6441 | 3.6621 |
| September | 3.7351 | 3.6732 | 3.7055 |
| October | 3.7310 | 3.6811 | 3.7097 |
| November | 3.7233 | 3.6334 | 3.6943 |
| December | 3.6959 | 3.6389 | 3.6657 |