YEARLY HIGH
0.5931 MVR
YEARLY LOW
0.5408 MVR
YEARLY AVERAGE
0.5660 MVR

2021 UAH to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the UAH to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 10, valuing the pair at 0.5931. Conversely, the yearly low was recorded on January 3, dropping to 0.5408.

This high-to-low spread represents a total annual volatility of 0.0522 MVR. From a start-to-finish perspective, comparing the January average rate of 0.5459 to the December average rate of 0.5673, the exchange rate registered a net change of 3.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5931 was down 9.21% compared to the 2020 peak of 0.6533, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,965 MVR
2020 Average 2,868 MVR
Yearly Trough Low 2,704 MVR
Transaction Impact: A difference of 261.19 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5899
0.5419
JanuMarcMayJulySeptNove

UAH to MVR 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 0.5556, compared to 0.5763 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0206 points.

H1 Avg (Jan–Jun) 0.5556
H2 Avg (Jul–Dec) 0.5763

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0271 MVR (High: 0.5931 / Low: 0.5659). On the other end, April was the most stable month, with a tight range of 0.0061 MVR (High: 0.5570 / Low: 0.5509).

November Spread (Volatile) ±0.0271
April Spread (Stable) ±0.0061

Growth Streaks & Declines

Trends

Between July and October, 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 November and December, when the average rate fell by 0.0157 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0157

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.5830) against the same month in 2020 (average: 0.5441), the exchange rate shifted by +0.0389 (+7.15%).

2021 Avg (November) 0.5830
2020 Avg (November) 0.5441

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5511 0.5408 0.5459
February 0.5579 0.5491 0.5526
March 0.5595 0.5497 0.5555
April 0.5570 0.5509 0.5537
May 0.5648 0.5519 0.5586
June 0.5746 0.5611 0.5675
July 0.5758 0.5623 0.5668
August 0.5805 0.5737 0.5771
September 0.5809 0.5718 0.5776
October 0.5903 0.5803 0.5859
November 0.5931 0.5659 0.5830
December 0.5745 0.5611 0.5673