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2021 SZL to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the SZL to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 280.4701. Conversely, the yearly low was recorded on March 8, dropping to 243.0536.
This high-to-low spread represents a total annual volatility of 37.4165 MGA. From a start-to-finish perspective, comparing the January average rate of 252.3219 to the December average rate of 249.9186, the exchange rate registered a net change of -0.95% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 280.4701 was up 5.10% compared to the 2020 peak of 266.8671, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SZL based on timing:
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SZL 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 260.2552, compared to 261.8332 in the second half (H2: JulâDec). This shows that the rate was stronger in the second half (JulâDec) by a margin of 1.5780 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was January, with a trading range of 21.2987 MGA (High: 267.8478 / Low: 246.5491). On the other end, April was the most stable month, with a tight range of 9.2823 MGA (High: 266.8732 / Low: 257.5910).
Growth Streaks & Declines
TrendsBetween 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 October and November, when the average rate fell by 9.2976 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2021: 272.8647) against the same month in 2020 (average: 223.4430), the exchange rate shifted by +49.4217 (+22.12%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 267.8478 | 246.5491 | 252.3219 |
| February | 259.9339 | 248.3058 | 254.7289 |
| March | 257.8545 | 243.0536 | 251.8651 |
| April | 266.8732 | 257.5910 | 262.4016 |
| May | 272.7686 | 261.2346 | 267.3491 |
| June | 280.4701 | 263.8457 | 272.8647 |
| July | 274.8213 | 256.5049 | 265.0683 |
| August | 269.6537 | 254.0340 | 262.7841 |
| September | 278.0036 | 261.1224 | 270.2952 |
| October | 273.2403 | 261.0707 | 266.1154 |
| November | 264.8286 | 246.5523 | 256.8178 |
| December | 256.1210 | 245.3172 | 249.9186 |