YEARLY HIGH
3.1458 MVR
YEARLY LOW
2.6208 MVR
YEARLY AVERAGE
2.8635 MVR

2021 BRL to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BRL to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 24, valuing the pair at 3.1458. Conversely, the yearly low was recorded on March 8, dropping to 2.6208.

This high-to-low spread represents a total annual volatility of 0.5250 MVR. From a start-to-finish perspective, comparing the January average rate of 2.8759 to the December average rate of 2.7303, the exchange rate registered a net change of -5.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 3.1458 was down 18.15% compared to the 2020 peak of 3.8436, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 78,645 MVR
2020 Average 75,509 MVR
Yearly Trough Low 65,520 MVR
Transaction Impact: A difference of 13,125.17 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.1040
2.6964
JanuMarcMayJulySeptNove

BRL 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 2.8681, compared to 2.8590 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0091 points.

H1 Avg (Jan–Jun) 2.8681
H2 Avg (Jul–Dec) 2.8590

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.1962 MVR (High: 2.8926 / Low: 2.6964). On the other end, December was the most stable month, with a tight range of 0.1020 MVR (High: 2.7923 / Low: 2.6903).

April Spread (Volatile) ±0.1962
December Spread (Stable) ±0.1020

Growth Streaks & Declines

Trends

Between March and June, 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 September and October, when the average rate fell by 0.1360 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1360

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 3.0700) against the same month in 2020 (average: 2.9773), the exchange rate shifted by +0.0928 (+3.12%).

2021 Avg (June) 3.0700
2020 Avg (June) 2.9773

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.9653 2.8052 2.8759
February 2.8774 2.7504 2.8446
March 2.8156 2.6208 2.7383
April 2.8926 2.6964 2.7702
May 2.9669 2.8196 2.9093
June 3.1458 3.0012 3.0700
July 3.0504 2.9281 2.9845
August 2.9995 2.8547 2.9413
September 2.9879 2.8385 2.9271
October 2.8792 2.7301 2.7911
November 2.8615 2.7112 2.7796
December 2.7923 2.6903 2.7303