YEARLY HIGH
1.8255 MUR
YEARLY LOW
1.5814 MUR
YEARLY AVERAGE
1.7254 MUR

2021 HNL to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HNL to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 1.8255. Conversely, the yearly low was recorded on January 6, dropping to 1.5814.

This high-to-low spread represents a total annual volatility of 0.2441 MUR. From a start-to-finish perspective, comparing the January average rate of 1.6301 to the December average rate of 1.7937, the exchange rate registered a net change of 10.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.8255 was up 10.31% compared to the 2020 peak of 1.6549, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,127 MUR
2020 Average 7,930 MUR
Yearly Trough Low 7,907 MUR
Transaction Impact: A difference of 1,220.28 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.8101
1.6137
JanuMarcMayJulySeptNove

HNL 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 1.6657, compared to 1.7851 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1193 points.

H1 Avg (Jan–Jun) 1.6657
H2 Avg (Jul–Dec) 1.7851

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.1180 MUR (High: 1.7985 / Low: 1.6805). On the other end, February was the most stable month, with a tight range of 0.0233 MUR (High: 1.6553 / Low: 1.6319).

June Spread (Volatile) ±0.1180
February Spread (Stable) ±0.0233

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0280 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0280

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 1.7928) against the same month in 2020 (average: 1.6355), the exchange rate shifted by +0.1573 (+9.62%).

2021 Avg (November) 1.7928
2020 Avg (November) 1.6355

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6451 1.5814 1.6301
February 1.6553 1.6319 1.6401
March 1.6922 1.6367 1.6586
April 1.7081 1.6667 1.6789
May 1.7186 1.6687 1.6830
June 1.7985 1.6805 1.7037
July 1.8153 1.7713 1.7927
August 1.8154 1.7726 1.7932
September 1.7804 1.7475 1.7651
October 1.7973 1.7596 1.7729
November 1.8255 1.7774 1.7928
December 1.8101 1.7787 1.7937