YEARLY HIGH
0.0142 MVR
YEARLY LOW
0.0129 MVR
YEARLY AVERAGE
0.0135 MVR

2021 KRW to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KRW to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0142. Conversely, the yearly low was recorded on October 12, dropping to 0.0129.

This high-to-low spread represents a total annual volatility of 0.0013 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0140 to the December average rate of 0.0130, 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 0.0142 was down 0.49% compared to the 2020 peak of 0.0143, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 70,920 MVR
2020 Average 65,488 MVR
Yearly Trough Low 64,273 MVR
Transaction Impact: A difference of 6,647.36 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0141
0.0129
JanuMarcMayJulySeptNove

KRW 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 0.0138, compared to 0.0132 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0138
H2 Avg (Jul–Dec) 0.0132

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0005 MVR (High: 0.0140 / Low: 0.0135). On the other end, December was the most stable month, with a tight range of 0.0002 MVR (High: 0.0132 / Low: 0.0129).

March Spread (Volatile) ±0.0005
December Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0003 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0140) against the same month in 2020 (average: 0.0133), the exchange rate shifted by +0.0008 (+5.68%).

2021 Avg (January) 0.0140
2020 Avg (January) 0.0133

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0142 0.0138 0.0140
February 0.0140 0.0137 0.0139
March 0.0140 0.0135 0.0137
April 0.0139 0.0137 0.0138
May 0.0139 0.0136 0.0137
June 0.0140 0.0136 0.0138
July 0.0136 0.0134 0.0135
August 0.0135 0.0131 0.0133
September 0.0134 0.0130 0.0132
October 0.0132 0.0129 0.0131
November 0.0131 0.0129 0.0130
December 0.0132 0.0129 0.0130