YEARLY HIGH
5.1340 ETB
YEARLY LOW
0.9904 ETB
YEARLY AVERAGE
1.0631 ETB

2021 MUR to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MUR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 5.1340. Conversely, the yearly low was recorded on January 23, dropping to 0.9904.

This high-to-low spread represents a total annual volatility of 4.1436 ETB. From a start-to-finish perspective, comparing the January average rate of 0.9974 to the December average rate of 1.2463, the exchange rate registered a net change of 24.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 5.1340 was up 415.33% compared to the 2020 peak of 0.9963, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 25,670 ETB
2020 Average 4,454 ETB
Yearly Trough Low 4,952 ETB
Transaction Impact: A difference of 20,717.98 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.2712
0.9725
JanuMarcMayJulySeptNove

MUR to ETB 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 1.0251, compared to 1.1010 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0758 points.

H1 Avg (Jan–Jun) 1.0251
H2 Avg (Jul–Dec) 1.1010

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 4.0392 ETB (High: 5.1340 / Low: 1.0948). On the other end, January was the most stable month, with a tight range of 0.0128 ETB (High: 1.0032 / Low: 0.9904).

December Spread (Volatile) ±4.0392
January Spread (Stable) ±0.0128

Growth Streaks & Declines

Trends

Between January and June, 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 0.0322 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0322

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 1.2463) against the same month in 2020 (average: 0.9773), the exchange rate shifted by +0.2689 (+27.52%).

2021 Avg (December) 1.2463
2020 Avg (December) 0.9773

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0032 0.9904 0.9974
February 1.0145 0.9915 1.0020
March 1.0257 0.9957 1.0084
April 1.0431 1.0040 1.0297
May 1.0709 1.0288 1.0517
June 1.0770 1.0204 1.0618
July 1.0444 1.0124 1.0296
August 1.0713 1.0400 1.0581
September 1.0932 1.0696 1.0829
October 1.1061 1.0821 1.0920
November 1.1103 1.0848 1.0970
December 5.1340 1.0948 1.2463