YEARLY HIGH
2747.7457 IRR
YEARLY LOW
2716.4516 IRR
YEARLY AVERAGE
2731.7327 IRR

2021 MVR to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MVR to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 30, valuing the pair at 2747.7457. Conversely, the yearly low was recorded on June 9, dropping to 2716.4516.

This high-to-low spread represents a total annual volatility of 31.2941 IRR. From a start-to-finish perspective, comparing the January average rate of 2733.4690 to the December average rate of 2737.2709, the exchange rate registered a net change of 0.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2747.7457 was down 36.04% compared to the 2020 peak of 4296.0435, 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 13,738,729 IRR
2020 Average 13,668,678 IRR
Yearly Trough Low 13,582,258 IRR
Transaction Impact: A difference of 156,470.58 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2738.5160
2723.5749
JanuMarcMayJulySeptNove

MVR to IRR 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 2729.3821, compared to 2734.0833 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.7012 points.

H1 Avg (Jan–Jun) 2729.3821
H2 Avg (Jul–Dec) 2734.0833

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 31.2941 IRR (High: 2747.7457 / Low: 2716.4516). On the other end, February was the most stable month, with a tight range of 4.4313 IRR (High: 2734.0909 / Low: 2729.6596).

June Spread (Volatile) ±31.2941
February Spread (Stable) ±4.4313

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 February and March, when the average rate fell by 5.5079 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -5.5079

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 2726.3595) against the same month in 2020 (average: 2726.9087), the exchange rate shifted by -0.5492 (-0.02%).

2021 Avg (June) 2726.3595
2020 Avg (June) 2726.9087

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2741.1289 2728.7751 2733.4690
February 2734.0909 2729.6596 2732.9853
March 2736.4448 2723.4799 2727.4774
April 2734.0909 2719.0830 2724.8200
May 2742.9967 2716.4516 2731.1817
June 2747.7457 2716.4516 2726.3595
July 2741.6260 2728.3980 2734.3823
August 2739.1234 2724.9182 2729.1380
September 2741.1526 2729.4498 2734.1115
October 2740.0162 2729.4631 2733.4649
November 2743.5065 2732.5356 2736.1323
December 2745.1299 2732.8590 2737.2709