YEARLY HIGH
0.7435 MVR
YEARLY LOW
0.6754 MVR
YEARLY AVERAGE
0.7119 MVR

2021 CZK to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CZK to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 0.7435. Conversely, the yearly low was recorded on November 25, dropping to 0.6754.

This high-to-low spread represents a total annual volatility of 0.0680 MVR. From a start-to-finish perspective, comparing the January average rate of 0.7171 to the December average rate of 0.6916, the exchange rate registered a net change of -3.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.7435 was up 2.90% compared to the 2020 peak of 0.7225, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,717 MVR
2020 Average 3,331 MVR
Yearly Trough Low 3,377 MVR
Transaction Impact: A difference of 340.18 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.7371
0.6875
JanuMarcMayJulySeptNove

CZK 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 0.7191, compared to 0.7048 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0143 points.

H1 Avg (Jan–Jun) 0.7191
H2 Avg (Jul–Dec) 0.7048

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0341 MVR (High: 0.7096 / Low: 0.6754). On the other end, October was the most stable month, with a tight range of 0.0128 MVR (High: 0.7084 / Low: 0.6956).

November Spread (Volatile) ±0.0341
October Spread (Stable) ±0.0128

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 0.0189 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0189

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.7302) against the same month in 2020 (average: 0.6516), the exchange rate shifted by +0.0785 (+12.05%).

2021 Avg (June) 0.7302
2020 Avg (June) 0.6516

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7259 0.7100 0.7171
February 0.7280 0.7103 0.7200
March 0.7107 0.6910 0.7017
April 0.7242 0.6969 0.7126
May 0.7433 0.7135 0.7330
June 0.7435 0.7132 0.7302
July 0.7209 0.7043 0.7112
August 0.7203 0.7069 0.7142
September 0.7233 0.7025 0.7155
October 0.7084 0.6956 0.7023
November 0.7096 0.6754 0.6937
December 0.7041 0.6822 0.6916