YEARLY HIGH
12.1116 MUR
YEARLY LOW
10.7793 MUR
YEARLY AVERAGE
11.4127 MUR

2021 QAR to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the QAR to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 12.1116. Conversely, the yearly low was recorded on January 11, dropping to 10.7793.

This high-to-low spread represents a total annual volatility of 1.3324 MUR. From a start-to-finish perspective, comparing the January average rate of 10.8500 to the December average rate of 11.9627, the exchange rate registered a net change of 10.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 12.1116 was up 9.29% compared to the 2020 peak of 11.0821, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 60,558 MUR
2020 Average 53,866 MUR
Yearly Trough Low 53,896 MUR
Transaction Impact: A difference of 6,661.81 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

12.0739
10.7387
JanuMarcMayJulySeptNove

QAR to MUR 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 11.0477, compared to 11.7776 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7300 points.

H1 Avg (Jan–Jun) 11.0477
H2 Avg (Jul–Dec) 11.7776

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.6459 MUR (High: 11.7692 / Low: 11.1233). On the other end, January was the most stable month, with a tight range of 0.1388 MUR (High: 10.9181 / Low: 10.7793).

June Spread (Volatile) ±0.6459
January Spread (Stable) ±0.1388

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0783 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0783

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 11.9627) against the same month in 2020 (average: 10.8752), the exchange rate shifted by +1.0875 (+10.00%).

2021 Avg (December) 11.9627
2020 Avg (December) 10.8752

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.9181 10.7793 10.8500
February 11.0286 10.8747 10.9196
March 11.2057 10.9136 11.0251
April 11.3156 11.0053 11.1082
May 11.3401 11.0574 11.1340
June 11.7692 11.1233 11.2493
July 11.8511 11.6390 11.7379
August 11.8378 11.4657 11.6596
September 11.8476 11.4797 11.6532
October 11.9336 11.6726 11.7601
November 12.1093 11.8064 11.8925
December 12.1116 11.7945 11.9627