2021 BGN to MGA Historical Review

YEARLY HIGH

2455.2644 MGA

YEARLY LOW

2260.8942 MGA

YEARLY AVERAGE

2329.7722 MGA

2021 BGN to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BGN to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2455.2644. Conversely, the yearly low was recorded on December 23, dropping to 2260.8942.

This high-to-low spread represents a total annual volatility of 194.3701 MGA. From a start-to-finish perspective, comparing the January average rate of 2369.7598 to the December average rate of 2292.0888, the exchange rate registered a net change of -3.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2455.2644 was up 0.83% compared to the 2020 peak of 2434.9526, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,276,322 MGA

2020 Average 11,124,518 MGA

Yearly Trough Low 11,304,471 MGA

Transaction Impact: A difference of 971,850.66 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2377.5269

2284.3217

JanuMarcMayJulySeptNove

BGN 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 2328.3280, compared to 2331.2163 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.8883 points.

H1 Avg (Jan–Jun) 2328.3280

H2 Avg (Jul–Dec) 2331.2163

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 130.9297 MGA (High: 2455.2644 / Low: 2324.3347). On the other end, May was the most stable month, with a tight range of 34.3949 MGA (High: 2352.4802 / Low: 2318.0853).

January Spread (Volatile) ±130.9297

May Spread (Stable) ±34.3949

Growth Streaks & Declines

Trends

Between March and May, 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 January and February, when the average rate fell by 42.6859 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -42.6859

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 2369.7598) against the same month in 2020 (average: 2089.6167), the exchange rate shifted by +280.1431 (+13.41%).

2021 Avg (January) 2369.7598

2020 Avg (January) 2089.6167

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2455.2644	2324.3347	2369.7598
February	2343.7267	2285.9889	2327.0739
March	2315.1760	2272.9441	2295.2268
April	2352.3572	2278.9654	2316.6912
May	2352.4802	2318.0853	2335.0746
June	2393.5949	2274.4843	2326.1418
July	2372.0972	2273.7104	2321.1306
August	2365.6336	2293.8161	2340.9548
September	2384.5001	2344.0283	2366.4061
October	2374.1467	2315.1011	2345.9323
November	2355.6076	2283.9599	2320.7852
December	2306.6111	2260.8942	2292.0888