YEARLY HIGH
0.5067 HKD
YEARLY LOW
0.5007 HKD
YEARLY AVERAGE
0.5037 HKD

2021 MVR to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MVR to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.5067. Conversely, the yearly low was recorded on June 9, dropping to 0.5007.

This high-to-low spread represents a total annual volatility of 0.0060 HKD. From a start-to-finish perspective, comparing the January average rate of 0.5033 to the December average rate of 0.5051, the exchange rate registered a net change of 0.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5067 was up 0.14% compared to the 2020 peak of 0.5060, 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 2,533 HKD
2020 Average 2,514 HKD
Yearly Trough Low 2,503 HKD
Transaction Impact: A difference of 30.02 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5054
0.5023
JanuMarcMayJulySeptNove

MVR to HKD 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 0.5031, compared to 0.5042 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.5031
H2 Avg (Jul–Dec) 0.5042

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0055 HKD (High: 0.5061 / Low: 0.5007). On the other end, February was the most stable month, with a tight range of 0.0011 HKD (High: 0.5037 / Low: 0.5026).

June Spread (Volatile) ±0.0055
February Spread (Stable) ±0.0011

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 May and June, when the average rate fell by 0.0012 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.5051) against the same month in 2020 (average: 0.5030), the exchange rate shifted by +0.0022 (+0.43%).

2021 Avg (December) 0.5051
2020 Avg (December) 0.5030

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5036 0.5024 0.5033
February 0.5037 0.5026 0.5033
March 0.5045 0.5021 0.5030
April 0.5043 0.5012 0.5028
May 0.5062 0.5010 0.5037
June 0.5061 0.5007 0.5025
July 0.5056 0.5029 0.5042
August 0.5060 0.5030 0.5037
September 0.5056 0.5030 0.5041
October 0.5055 0.5028 0.5037
November 0.5065 0.5034 0.5045
December 0.5067 0.5043 0.5051