YEARLY HIGH
1.9872 MGA
YEARLY LOW
1.7215 MGA
YEARLY AVERAGE
1.8437 MGA

2010 BIF to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the BIF to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on July 5, valuing the pair at 1.9872. Conversely, the yearly low was recorded on January 4, dropping to 1.7215.

This high-to-low spread represents a total annual volatility of 0.2657 MGA. From a start-to-finish perspective, comparing the January average rate of 1.7781 to the December average rate of 1.8580, the exchange rate registered a net change of 4.49% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 9,936 MGA
Yearly Average 9,218 MGA
Yearly Trough Low 8,608 MGA
Transaction Impact: A difference of 1,328.26 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

1.9640
1.7338
JanuMarcMayJulySeptNove

BIF 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 1.8548, compared to 1.8326 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0222 points.

H1 Avg (Jan–Jun) 1.8548
H2 Avg (Jul–Dec) 1.8326

Volatility Range Comparison

Volatility

The most volatile month in 2010 was August, with a trading range of 0.1526 MGA (High: 1.9463 / Low: 1.7937). On the other end, October was the most stable month, with a tight range of 0.0294 MGA (High: 1.7715 / Low: 1.7421).

August Spread (Volatile) ±0.1526
October Spread (Stable) ±0.0294

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 August and September, when the average rate fell by 0.1200 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1200

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for July 2010 is 1.9448.

2010 Avg (July) 1.9448
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8591 1.7215 1.7781
February 1.9130 1.8601 1.8936
March 1.9225 1.8210 1.8883
April 1.8793 1.7706 1.8211
May 1.8629 1.7880 1.8258
June 1.9832 1.8662 1.9218
July 1.9872 1.9024 1.9448
August 1.9463 1.7937 1.8995
September 1.8121 1.7625 1.7795
October 1.7715 1.7421 1.7604
November 1.7807 1.7317 1.7530
December 1.8939 1.7761 1.8580