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2010 LBP to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2010
During 2010, the LBP to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on June 30, valuing the pair at 1.5008. Conversely, the yearly low was recorded on January 3, dropping to 1.3051.
This high-to-low spread represents a total annual volatility of 0.1957 MGA. From a start-to-finish perspective, comparing the January average rate of 1.3477 to the December average rate of 1.4031, the exchange rate registered a net change of 4.11% (reflecting a strengthening trend).
Comparing the value generated converting 5,000 LBP based on timing:
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LBP to MGA Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: JanâJun) was 1.4036, compared to 1.3829 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 0.0208 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2010 was August, with a trading range of 0.1173 MGA (High: 1.4699 / Low: 1.3527). On the other end, October was the most stable month, with a tight range of 0.0198 MGA (High: 1.3349 / Low: 1.3151).
Growth Streaks & Declines
TrendsBetween 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 0.0925 points.
Same-Month Historical Baseline
YoY BaselineHistorical data for the previous year (2009) is currently unavailable. Strongest month average for June 2010 is 1.4533.
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| Month | High | Low | Average |
|---|---|---|---|
| January | 1.4014 | 1.3051 | 1.3477 |
| February | 1.4484 | 1.4041 | 1.4290 |
| March | 1.4636 | 1.3820 | 1.4284 |
| April | 1.4216 | 1.3483 | 1.3815 |
| May | 1.4114 | 1.3619 | 1.3818 |
| June | 1.5008 | 1.4139 | 1.4533 |
| July | 1.5008 | 1.4420 | 1.4663 |
| August | 1.4699 | 1.3527 | 1.4326 |
| September | 1.3621 | 1.3283 | 1.3400 |
| October | 1.3349 | 1.3151 | 1.3291 |
| November | 1.3488 | 1.3106 | 1.3261 |
| December | 1.4309 | 1.3433 | 1.4031 |