YEARLY HIGH
5.7465 MUR
YEARLY LOW
2.6308 MUR
YEARLY AVERAGE
4.8026 MUR

2021 TRY to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 16, valuing the pair at 5.7465. Conversely, the yearly low was recorded on December 19, dropping to 2.6308.

This high-to-low spread represents a total annual volatility of 3.1157 MUR. From a start-to-finish perspective, comparing the January average rate of 5.3405 to the December average rate of 3.2795, the exchange rate registered a net change of -38.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 5.7465 was down 7.74% compared to the 2020 peak of 6.2285, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 287,323 MUR
2020 Average 281,255 MUR
Yearly Trough Low 131,538 MUR
Transaction Impact: A difference of 155,785.00 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

5.8305
3.0476
JanuMarcMayJulySeptNove

TRY 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 5.1142, compared to 4.4909 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6233 points.

H1 Avg (Jan–Jun) 5.1142
H2 Avg (Jul–Dec) 4.4909

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 1.4536 MUR (High: 4.0843 / Low: 2.6308). On the other end, January was the most stable month, with a tight range of 0.1882 MUR (High: 5.4374 / Low: 5.2492).

December Spread (Volatile) ±1.4536
January Spread (Stable) ±0.1882

Growth Streaks & Declines

Trends

Between June and August, 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 November and December, when the average rate fell by 0.7724 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.7724

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 5.5986) against the same month in 2020 (average: 6.1354), the exchange rate shifted by -0.5368 (-8.75%).

2021 Avg (February) 5.5986
2020 Avg (February) 6.1354

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5.4374 5.2492 5.3405
February 5.7465 5.3682 5.5986
March 5.5752 4.8443 5.2259
April 5.1283 4.7987 4.9426
May 4.9413 4.7151 4.8336
June 4.9404 4.6670 4.7443
July 5.0964 4.9065 4.9797
August 5.1749 4.9113 5.0303
September 5.1118 4.7976 4.9651
October 4.8264 4.3984 4.6388
November 4.5275 3.2207 4.0520
December 4.0843 2.6308 3.2795