2021 NZD to MVR Historical Review

YEARLY HIGH

11.4622 MVR

YEARLY LOW

10.3651 MVR

YEARLY AVERAGE

10.9159 MVR

2021 NZD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NZD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 11.4622. Conversely, the yearly low was recorded on December 19, dropping to 10.3651.

This high-to-low spread represents a total annual volatility of 1.0971 MVR. From a start-to-finish perspective, comparing the January average rate of 11.0686 to the December average rate of 10.4764, the exchange rate registered a net change of -5.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 11.4622 was up 3.17% compared to the 2020 peak of 11.1100, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NZD based on timing:

Yearly Peak High 57,311 MVR

2020 Average 50,181 MVR

Yearly Trough Low 51,826 MVR

Transaction Impact: A difference of 5,485.51 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

11.2315

10.4078

JanuMarcMayJulySeptNove

NZD to MVR 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 11.0583, compared to 10.7736 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2847 points.

H1 Avg (Jan–Jun) 11.0583

H2 Avg (Jul–Dec) 10.7736

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.5726 MVR (High: 11.0904 / Low: 10.5179). On the other end, July was the most stable month, with a tight range of 0.1979 MVR (High: 10.8585 / Low: 10.6606).

November Spread (Volatile) ±0.5726

July Spread (Stable) ±0.1979

Growth Streaks & Declines

Trends

Between July and October, 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 November and December, when the average rate fell by 0.3453 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3453

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 11.1628) against the same month in 2020 (average: 9.8756), the exchange rate shifted by +1.2872 (+13.03%).

2021 Avg (February) 11.1628

2020 Avg (February) 9.8756

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.2564	10.9059	11.0686
February	11.4622	11.0233	11.1628
March	11.2301	10.7671	11.0106
April	11.2358	10.8415	11.0045
May	11.2689	10.9931	11.1394
June	11.2122	10.7153	10.9637
July	10.8585	10.6606	10.7693
August	10.8947	10.5425	10.7800
September	11.0496	10.6165	10.8958
October	11.1280	10.6620	10.8982
November	11.0904	10.5179	10.8218
December	10.5664	10.3651	10.4764