YEARLY HIGH
7.3612 MUR
YEARLY LOW
6.6985 MUR
YEARLY AVERAGE
7.0206 MUR

2021 GHS to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GHS to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 2, valuing the pair at 7.3612. Conversely, the yearly low was recorded on January 11, dropping to 6.6985.

This high-to-low spread represents a total annual volatility of 0.6628 MUR. From a start-to-finish perspective, comparing the January average rate of 6.7518 to the December average rate of 7.0909, the exchange rate registered a net change of 5.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 7.3612 was up 4.03% compared to the 2020 peak of 7.0764, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 36,806 MUR
2020 Average 34,203 MUR
Yearly Trough Low 33,492 MUR
Transaction Impact: A difference of 3,313.85 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

7.2588
6.7057
JanuMarcMayJulySeptNove

GHS 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 6.9463, compared to 7.0948 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1486 points.

H1 Avg (Jan–Jun) 6.9463
H2 Avg (Jul–Dec) 7.0948

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.3900 MUR (High: 7.3504 / Low: 6.9604). On the other end, October was the most stable month, with a tight range of 0.1091 MUR (High: 7.1242 / Low: 7.0151).

June Spread (Volatile) ±0.3900
October Spread (Stable) ±0.1091

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1266 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.1266

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 7.2127) against the same month in 2020 (average: 6.9176), the exchange rate shifted by +0.2951 (+4.27%).

2021 Avg (July) 7.2127
2020 Avg (July) 6.9176

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.8115 6.6985 6.7518
February 6.9342 6.7921 6.8611
March 7.0573 6.9397 6.9914
April 7.1262 6.9345 6.9994
May 7.1324 6.9530 7.0236
June 7.3504 6.9604 7.0504
July 7.3612 7.1045 7.2127
August 7.1837 7.0141 7.0862
September 7.1345 6.9888 7.0508
October 7.1242 7.0151 7.0550
November 7.1820 6.9898 7.0734
December 7.2036 6.9761 7.0909