YEARLY HIGH
32.5168 MUR
YEARLY LOW
29.5048 MUR
YEARLY AVERAGE
30.9448 MUR

2021 SGD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SGD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 32.5168. Conversely, the yearly low was recorded on January 11, dropping to 29.5048.

This high-to-low spread represents a total annual volatility of 3.0119 MUR. From a start-to-finish perspective, comparing the January average rate of 29.8006 to the December average rate of 31.9484, the exchange rate registered a net change of 7.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 32.5168 was up 7.89% compared to the 2020 peak of 30.1394, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 162,584 MUR
2020 Average 142,239 MUR
Yearly Trough Low 147,524 MUR
Transaction Impact: A difference of 15,059.52 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

32.1632
29.5858
JanuMarcMayJulySeptNove

SGD 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 30.1920, compared to 31.6976 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5056 points.

H1 Avg (Jan–Jun) 30.1920
H2 Avg (Jul–Dec) 31.6976

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 1.5566 MUR (High: 31.9655 / Low: 30.4089). On the other end, February was the most stable month, with a tight range of 0.5234 MUR (High: 30.2168 / Low: 29.6934).

June Spread (Volatile) ±1.5566
February Spread (Stable) ±0.5234

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 0.1120 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1120

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 31.9484) against the same month in 2020 (average: 29.7310), the exchange rate shifted by +2.2174 (+7.46%).

2021 Avg (December) 31.9484
2020 Avg (December) 29.7310

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 30.0592 29.5048 29.8006
February 30.2168 29.6934 29.9429
March 30.3329 29.5815 29.9027
April 30.8735 29.9142 30.2882
May 31.2698 30.1933 30.5040
June 31.9655 30.4089 30.7135
July 32.0446 31.1414 31.5924
August 32.0206 31.1101 31.4804
September 32.1053 31.3100 31.5631
October 32.2092 31.2799 31.6965
November 32.2459 31.3494 31.9046
December 32.5168 31.3171 31.9484