YEARLY HIGH
1.8516 TWD
YEARLY LOW
1.7820 TWD
YEARLY AVERAGE
1.8088 TWD

2021 MVR to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MVR to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 1.8516. Conversely, the yearly low was recorded on May 31, dropping to 1.7820.

This high-to-low spread represents a total annual volatility of 0.0696 TWD. From a start-to-finish perspective, comparing the January average rate of 1.8172 to the December average rate of 1.7948, the exchange rate registered a net change of -1.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.8516 was down 6.21% compared to the 2020 peak of 1.9742, 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 9,258 TWD
2020 Average 9,543 TWD
Yearly Trough Low 8,910 TWD
Transaction Impact: A difference of 348.09 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.8330
1.7910
JanuMarcMayJulySeptNove

MVR to TWD 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 1.8151, compared to 1.8025 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0127 points.

H1 Avg (Jan–Jun) 1.8151
H2 Avg (Jul–Dec) 1.8025

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0513 TWD (High: 1.8516 / Low: 1.8003). On the other end, January was the most stable month, with a tight range of 0.0155 TWD (High: 1.8247 / Low: 1.8092).

March Spread (Volatile) ±0.0513
January Spread (Stable) ±0.0155

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0202 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0202

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 1.8295) against the same month in 2020 (average: 1.9491), the exchange rate shifted by -0.1196 (-6.14%).

2021 Avg (March) 1.8295
2020 Avg (March) 1.9491

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8247 1.8092 1.8172
February 1.8215 1.8053 1.8129
March 1.8516 1.8003 1.8295
April 1.8464 1.7968 1.8275
May 1.8202 1.7820 1.8073
June 1.8170 1.7826 1.7964
July 1.8229 1.8032 1.8154
August 1.8133 1.7854 1.8029
September 1.8050 1.7830 1.7945
October 1.8278 1.7954 1.8068
November 1.8100 1.7860 1.8004
December 1.8079 1.7877 1.7948