YEARLY HIGH
1.2320 PHP
YEARLY LOW
1.1355 PHP
YEARLY AVERAGE
1.1852 PHP

2021 MUR to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MUR to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 1.2320. Conversely, the yearly low was recorded on June 30, dropping to 1.1355.

This high-to-low spread represents a total annual volatility of 0.0964 PHP. From a start-to-finish perspective, comparing the January average rate of 1.2165 to the December average rate of 1.1552, the exchange rate registered a net change of -5.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.2320 was down 12.14% compared to the 2020 peak of 1.4021, 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 6,160 PHP
2020 Average 6,331 PHP
Yearly Trough Low 5,678 PHP
Transaction Impact: A difference of 482.20 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.2226
1.1491
JanuMarcMayJulySeptNove

MUR to PHP 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 1.1991, compared to 1.1713 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0278 points.

H1 Avg (Jan–Jun) 1.1991
H2 Avg (Jul–Dec) 1.1713

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0565 PHP (High: 1.1920 / Low: 1.1355). On the other end, January was the most stable month, with a tight range of 0.0201 PHP (High: 1.2261 / Low: 1.2060).

June Spread (Volatile) ±0.0565
January Spread (Stable) ±0.0201

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0214 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0214

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 1.2147) against the same month in 2020 (average: 1.3652), the exchange rate shifted by -0.1505 (-11.02%).

2021 Avg (February) 1.2147
2020 Avg (February) 1.3652

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2261 1.2060 1.2165
February 1.2320 1.2041 1.2147
March 1.2204 1.1895 1.2088
April 1.2127 1.1761 1.1979
May 1.1970 1.1544 1.1810
June 1.1920 1.1355 1.1758
July 1.1901 1.1394 1.1691
August 1.1950 1.1435 1.1770
September 1.2049 1.1552 1.1802
October 1.1939 1.1675 1.1840
November 1.1755 1.1433 1.1625
December 1.1740 1.1374 1.1552