YEARLY HIGH
0.1388 FJD
YEARLY LOW
0.1300 FJD
YEARLY AVERAGE
0.1340 FJD

2021 MVR to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MVR to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.1388. Conversely, the yearly low was recorded on February 28, dropping to 0.1300.

This high-to-low spread represents a total annual volatility of 0.0088 FJD. From a start-to-finish perspective, comparing the January average rate of 0.1322 to the December average rate of 0.1379, the exchange rate registered a net change of 4.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1388 was down 9.55% compared to the 2020 peak of 0.1534, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 694 FJD
2020 Average 703 FJD
Yearly Trough Low 650 FJD
Transaction Impact: A difference of 43.78 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1386
0.1311
JanuMarcMayJulySeptNove

MVR to FJD 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 0.1323, compared to 0.1358 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.1323
H2 Avg (Jul–Dec) 0.1358

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0045 FJD (High: 0.1383 / Low: 0.1338). On the other end, July was the most stable month, with a tight range of 0.0014 FJD (High: 0.1357 / Low: 0.1343).

November Spread (Volatile) ±0.0045
July Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between May and August, 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 April and May, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.1379) against the same month in 2020 (average: 0.1334), the exchange rate shifted by +0.0045 (+3.37%).

2021 Avg (December) 0.1379
2020 Avg (December) 0.1334

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1329 0.1307 0.1322
February 0.1333 0.1300 0.1317
March 0.1343 0.1309 0.1325
April 0.1341 0.1310 0.1326
May 0.1329 0.1308 0.1318
June 0.1350 0.1312 0.1328
July 0.1357 0.1343 0.1350
August 0.1373 0.1341 0.1354
September 0.1371 0.1340 0.1352
October 0.1372 0.1336 0.1354
November 0.1383 0.1338 0.1360
December 0.1388 0.1370 0.1379