YEARLY HIGH
0.2189 NOK
YEARLY LOW
0.1936 NOK
YEARLY AVERAGE
0.2069 NOK

2021 MUR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MUR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 0.2189. Conversely, the yearly low was recorded on October 28, dropping to 0.1936.

This high-to-low spread represents a total annual volatility of 0.0254 NOK. From a start-to-finish perspective, comparing the January average rate of 0.2156 to the December average rate of 0.2060, the exchange rate registered a net change of -4.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2189 was down 27.57% compared to the 2020 peak of 0.3022, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,095 NOK
2020 Average 1,201 NOK
Yearly Trough Low 968 NOK
Transaction Impact: A difference of 126.82 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2174
0.1959
JanuMarcMayJulySeptNove

MUR to NOK 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 0.2101, compared to 0.2037 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0063 points.

H1 Avg (Jan–Jun) 0.2101
H2 Avg (Jul–Dec) 0.2037

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0155 NOK (High: 0.2111 / Low: 0.1956). On the other end, January was the most stable month, with a tight range of 0.0060 NOK (High: 0.2189 / Low: 0.2129).

November Spread (Volatile) ±0.0155
January Spread (Stable) ±0.0060

Growth Streaks & Declines

Trends

Between October and December, 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 September and October, when the average rate fell by 0.0060 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.2156) against the same month in 2020 (average: 0.2444), the exchange rate shifted by -0.0288 (-11.78%).

2021 Avg (January) 0.2156
2020 Avg (January) 0.2444

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2189 0.2129 0.2156
February 0.2175 0.2108 0.2140
March 0.2155 0.2087 0.2124
April 0.2115 0.2028 0.2076
May 0.2073 0.2012 0.2049
June 0.2121 0.2002 0.2059
July 0.2116 0.1987 0.2050
August 0.2131 0.2019 0.2076
September 0.2057 0.1990 0.2036
October 0.2022 0.1936 0.1977
November 0.2111 0.1956 0.2024
December 0.2137 0.2005 0.2060