2021 MGA to NGN Historical Review

YEARLY HIGH

0.1101 NGN

YEARLY LOW

0.0989 NGN

YEARLY AVERAGE

0.1047 NGN

2021 MGA to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MGA to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 14, valuing the pair at 0.1101. Conversely, the yearly low was recorded on January 4, dropping to 0.0989.

This high-to-low spread represents a total annual volatility of 0.0113 NGN. From a start-to-finish perspective, comparing the January average rate of 0.1019 to the December average rate of 0.1037, the exchange rate registered a net change of 1.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1101 was up 6.06% compared to the 2020 peak of 0.1038, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 551 NGN

2020 Average 499 NGN

Yearly Trough Low 494 NGN

Transaction Impact: A difference of 56.29 NGN purely based on transaction execution date.

প্রবণতার চিত্রায়ন

2021 সাল জুড়ে মাসিক গড় ওঠানামা।

0.1095

0.1012

JanuMarcMayJulySeptNove

MGA to NGN 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 0.1046, compared to 0.1048 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.1046

H2 Avg (Jul–Dec) 0.1048

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0095 NGN (High: 0.1101 / Low: 0.1007). On the other end, November was the most stable month, with a tight range of 0.0010 NGN (High: 0.1039 / Low: 0.1028).

May Spread (Volatile) ±0.0095

November Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between March and June, 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 June and July, when the average rate fell by 0.0017 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.1075) against the same month in 2020 (average: 0.1022), the exchange rate shifted by +0.0053 (+5.23%).

2021 Avg (May) 0.1075

2020 Avg (May) 0.1022

মাসিক বিশ্লেষণ

প্রতিটি ক্যালেন্ডার মাসের পরিসংখ্যানগত সারসংক্ষেপ।

Month	High	Low	Average
January	0.1044	0.0989	0.1019
February	0.1092	0.1003	0.1036
March	0.1084	0.1001	0.1028
April	0.1083	0.1001	0.1031
May	0.1101	0.1007	0.1075
June	0.1100	0.1068	0.1088
July	0.1093	0.1048	0.1071
August	0.1086	0.1049	0.1058
September	0.1056	0.1035	0.1048
October	0.1050	0.1033	0.1039
November	0.1039	0.1028	0.1033
December	0.1052	0.1029	0.1037

2021 MGA থেকে NGN-এর ঐতিহাসিক পর্যালোচনা