YEARLY HIGH
9.1133 MVR
YEARLY LOW
9.0202 MVR
YEARLY AVERAGE
9.0736 MVR

2021 AZN to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the AZN to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 9.1133. Conversely, the yearly low was recorded on June 30, dropping to 9.0202.

This high-to-low spread represents a total annual volatility of 0.0931 MVR. From a start-to-finish perspective, comparing the January average rate of 9.0565 to the December average rate of 9.0791, the exchange rate registered a net change of 0.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 9.1133 was down 0.16% compared to the 2020 peak of 9.1278, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 45,567 MVR
2020 Average 45,308 MVR
Yearly Trough Low 45,101 MVR
Transaction Impact: A difference of 465.46 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

9.0884
9.0536
JanuMarcMayJulySeptNove

AZN 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 9.0705, compared to 9.0767 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0063 points.

H1 Avg (Jan–Jun) 9.0705
H2 Avg (Jul–Dec) 9.0767

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0931 MVR (High: 9.1133 / Low: 9.0202). On the other end, February was the most stable month, with a tight range of 0.0147 MVR (High: 9.0692 / Low: 9.0545).

June Spread (Volatile) ±0.0931
February Spread (Stable) ±0.0147

Growth Streaks & Declines

Trends

Between January and April, 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 June and July, when the average rate fell by 0.0210 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0210

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 9.0645) against the same month in 2020 (average: 9.0891), the exchange rate shifted by -0.0246 (-0.27%).

2021 Avg (May) 9.0645
2020 Avg (May) 9.0891

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.0722 9.0455 9.0565
February 9.0692 9.0545 9.0582
March 9.0898 9.0545 9.0770
April 9.1045 9.0545 9.0854
May 9.1133 9.0251 9.0645
June 9.1133 9.0202 9.0812
July 9.0839 9.0398 9.0602
August 9.0957 9.0545 9.0855
September 9.0840 9.0545 9.0754
October 9.0898 9.0545 9.0805
November 9.0898 9.0545 9.0797
December 9.0941 9.0545 9.0791