YEARLY HIGH
50.6808 MGA
YEARLY LOW
33.7193 MGA
YEARLY AVERAGE
46.4828 MGA

2021 AFN to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the AFN to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 50.6808. Conversely, the yearly low was recorded on December 15, dropping to 33.7193.

This high-to-low spread represents a total annual volatility of 16.9616 MGA. From a start-to-finish perspective, comparing the January average rate of 49.2481 to the December average rate of 39.0235, the exchange rate registered a net change of -20.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 50.6808 was down 1.95% compared to the 2020 peak of 51.6892, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 253,404 MGA
2020 Average 247,895 MGA
Yearly Trough Low 168,596 MGA
Transaction Impact: A difference of 84,807.78 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

50.2705
38.0010
JanuMarcMayJulySeptNove

AFN to MGA 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 48.6284, compared to 44.3372 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.2912 points.

H1 Avg (Jan–Jun) 48.6284
H2 Avg (Jul–Dec) 44.3372

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 7.8149 MGA (High: 41.5341 / Low: 33.7193). On the other end, April was the most stable month, with a tight range of 0.9083 MGA (High: 49.0641 / Low: 48.1558).

December Spread (Volatile) ±7.8149
April Spread (Stable) ±0.9083

Growth Streaks & Declines

Trends

Between February and April, 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 November and December, when the average rate fell by 3.8948 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -3.8948

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 49.2481) against the same month in 2020 (average: 47.6757), the exchange rate shifted by +1.5723 (+3.30%).

2021 Avg (January) 49.2481
2020 Avg (January) 47.6757

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 50.6808 48.4727 49.2481
February 49.0791 47.9244 48.6602
March 49.2539 48.0518 48.7180
April 49.0641 48.1558 48.7641
May 49.1206 47.6756 48.3406
June 49.0830 47.5082 48.0391
July 49.3578 46.3797 47.9928
August 48.9368 44.4619 46.8442
September 46.2710 44.1456 45.3275
October 44.4259 43.1605 43.9169
November 43.9456 41.4095 42.9183
December 41.5341 33.7193 39.0235