2021 SHP to MVR Historical Review

YEARLY HIGH

21.9794 MVR

YEARLY LOW

20.3475 MVR

YEARLY AVERAGE

21.2311 MVR

2021 SHP to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SHP to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 21.9794. Conversely, the yearly low was recorded on December 13, dropping to 20.3475.

This high-to-low spread represents a total annual volatility of 1.6319 MVR. From a start-to-finish perspective, comparing the January average rate of 21.0163 to the December average rate of 20.5482, the exchange rate registered a net change of -2.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 21.9794 was up 4.39% compared to the 2020 peak of 21.0549, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 109,897 MVR

2020 Average 99,020 MVR

Yearly Trough Low 101,737 MVR

Transaction Impact: A difference of 8,159.68 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

21.8183

20.4327

JanuMarcMayJulySeptNove

SHP 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 21.4184, compared to 21.0437 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3747 points.

H1 Avg (Jan–Jun) 21.4184

H2 Avg (Jul–Dec) 21.0437

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 0.7584 MVR (High: 21.7864 / Low: 21.0280). On the other end, January was the most stable month, with a tight range of 0.3475 MVR (High: 21.1733 / Low: 20.8259).

February Spread (Volatile) ±0.7584

January Spread (Stable) ±0.3475

Growth Streaks & Declines

Trends

Between January and March, 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 October and November, when the average rate fell by 0.3755 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3755

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 21.7028) against the same month in 2020 (average: 19.0286), the exchange rate shifted by +2.6742 (+14.05%).

2021 Avg (May) 21.7028

2020 Avg (May) 19.0286

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	21.1733	20.8259	21.0163
February	21.7864	21.0280	21.3746
March	21.6113	21.1486	21.3938
April	21.6312	21.1416	21.3795
May	21.9794	21.3059	21.7028
June	21.9148	21.2149	21.6434
July	21.5741	20.9955	21.2901
August	21.5317	21.0468	21.3163
September	21.4217	20.7462	21.2111
October	21.3688	20.9111	21.1361
November	21.1574	20.5010	20.7606
December	20.8532	20.3475	20.5482