YEARLY HIGH
2.4351 MVR
YEARLY LOW
2.3509 MVR
YEARLY AVERAGE
2.3920 MVR

2021 CNY to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CNY to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 8, valuing the pair at 2.4351. Conversely, the yearly low was recorded on March 30, dropping to 2.3509.

This high-to-low spread represents a total annual volatility of 0.0842 MVR. From a start-to-finish perspective, comparing the January average rate of 2.3792 to the December average rate of 2.4237, the exchange rate registered a net change of 1.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.4351 was up 2.90% compared to the 2020 peak of 2.3664, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 60,878 MVR
2020 Average 55,923 MVR
Yearly Trough Low 58,772 MVR
Transaction Impact: A difference of 2,105.52 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.4292
2.3633
JanuMarcMayJulySeptNove

CNY 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 2.3839, compared to 2.4001 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0163 points.

H1 Avg (Jan–Jun) 2.3839
H2 Avg (Jul–Dec) 2.4001

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0550 MVR (High: 2.4260 / Low: 2.3710). On the other end, September was the most stable month, with a tight range of 0.0162 MVR (High: 2.3975 / Low: 2.3813).

May Spread (Volatile) ±0.0550
September Spread (Stable) ±0.0162

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0243 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0243

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 2.4237) against the same month in 2020 (average: 2.3567), the exchange rate shifted by +0.0670 (+2.84%).

2021 Avg (December) 2.4237
2020 Avg (December) 2.3567

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3959 2.3573 2.3792
February 2.3931 2.3740 2.3830
March 2.3818 2.3509 2.3707
April 2.3876 2.3532 2.3688
May 2.4260 2.3710 2.3979
June 2.4266 2.3747 2.4037
July 2.3930 2.3728 2.3794
August 2.3927 2.3760 2.3852
September 2.3975 2.3813 2.3904
October 2.4206 2.3880 2.4052
November 2.4276 2.4063 2.4168
December 2.4351 2.4155 2.4237