YEARLY HIGH
9.7277 MVR
YEARLY LOW
8.8308 MVR
YEARLY AVERAGE
9.3366 MVR

2021 BAM to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BAM to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 9.7277. Conversely, the yearly low was recorded on November 24, dropping to 8.8308.

This high-to-low spread represents a total annual volatility of 0.8968 MVR. From a start-to-finish perspective, comparing the January average rate of 9.5880 to the December average rate of 8.9227, the exchange rate registered a net change of -6.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 9.7277 was up 0.63% compared to the 2020 peak of 9.6671, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 48,638 MVR
2020 Average 45,010 MVR
Yearly Trough Low 44,154 MVR
Transaction Impact: A difference of 4,484.05 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

9.6545
8.8562
JanuMarcMayJulySeptNove

BAM 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 9.5044, compared to 9.1688 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3356 points.

H1 Avg (Jan–Jun) 9.5044
H2 Avg (Jul–Dec) 9.1688

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.3232 MVR (High: 9.1540 / Low: 8.8308). On the other end, December was the most stable month, with a tight range of 0.1046 MVR (High: 8.9549 / Low: 8.8503).

November Spread (Volatile) ±0.3232
December Spread (Stable) ±0.1046

Growth Streaks & Declines

Trends

Between March and May, 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 June and July, when the average rate fell by 0.1940 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1940

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 9.5880) against the same month in 2020 (average: 8.7738), the exchange rate shifted by +0.8142 (+9.28%).

2021 Avg (January) 9.5880
2020 Avg (January) 8.7738

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.7277 9.4981 9.5880
February 9.5793 9.4429 9.5228
March 9.4969 9.2681 9.3925
April 9.5725 9.2703 9.4349
May 9.6713 9.4291 9.5719
June 9.6626 9.3600 9.5163
July 9.3956 9.2549 9.3224
August 9.3908 9.2232 9.2997
September 9.3795 9.1403 9.2969
October 9.2101 9.0968 9.1643
November 9.1540 8.8308 9.0069
December 8.9549 8.8503 8.9227