YEARLY HIGH
0.0786 MUR
YEARLY LOW
0.0171 MUR
YEARLY AVERAGE
0.0414 MUR

2021 SYP to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SYP to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 21, valuing the pair at 0.0786. Conversely, the yearly low was recorded on December 7, dropping to 0.0171.

This high-to-low spread represents a total annual volatility of 0.0615 MUR. From a start-to-finish perspective, comparing the January average rate of 0.0771 to the December average rate of 0.0173, the exchange rate registered a net change of -77.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0786 was down 0.07% compared to the 2020 peak of 0.0786, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 393 MUR
2020 Average 382 MUR
Yearly Trough Low 85 MUR
Transaction Impact: A difference of 307.35 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0836
0.0113
JanuMarcMayJulySeptNove

SYP 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 0.0526, compared to 0.0301 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0225 points.

H1 Avg (Jan–Jun) 0.0526
H2 Avg (Jul–Dec) 0.0301

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0466 MUR (High: 0.0786 / Low: 0.0320). On the other end, December was the most stable month, with a tight range of 0.0005 MUR (High: 0.0176 / Low: 0.0171).

March Spread (Volatile) ±0.0466
December Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between April and July, 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 March and April, when the average rate fell by 0.0320 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0320

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0642) against the same month in 2020 (average: 0.0746), the exchange rate shifted by -0.0104 (-14.00%).

2021 Avg (March) 0.0642
2020 Avg (March) 0.0746

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0775 0.0765 0.0771
February 0.0783 0.0772 0.0775
March 0.0786 0.0320 0.0642
April 0.0328 0.0319 0.0322
May 0.0328 0.0320 0.0322
June 0.0342 0.0322 0.0326
July 0.0343 0.0338 0.0340
August 0.0343 0.0337 0.0339
September 0.0342 0.0336 0.0338
October 0.0346 0.0338 0.0341
November 0.0346 0.0171 0.0275
December 0.0176 0.0171 0.0173