2021 BOB to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 BOB to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the BOB to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 578.9551. Conversely, the yearly low was recorded on February 8, dropping to 536.8735.
This high-to-low spread represents a total annual volatility of 42.0816 MGA. From a start-to-finish perspective, comparing the January average rate of 552.6359 to the December average rate of 574.9717, the exchange rate registered a net change of 4.04% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 578.9551 was up 0.59% compared to the 2020 peak of 575.5696, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BOB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
BOB 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: Jan–Jun) was 547.3061, compared to 568.9372 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 21.6311 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was July, with a trading range of 23.3996 MGA (High: 568.4417 / Low: 545.0421). On the other end, November was the most stable month, with a tight range of 4.3676 MGA (High: 578.9551 / Low: 574.5875).
Growth Streaks & Declines
TrendsBetween May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 8.0282 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2021: 576.6273) against the same month in 2020 (average: 568.5431), the exchange rate shifted by +8.0841 (+1.42%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 568.1974 | 546.6673 | 552.6359 |
| February | 549.6994 | 536.8735 | 544.6077 |
| March | 550.6494 | 540.6393 | 546.3586 |
| April | 551.9469 | 544.6669 | 548.8266 |
| May | 549.9348 | 542.5365 | 544.9789 |
| June | 558.3008 | 540.2460 | 546.4286 |
| July | 568.4417 | 545.0421 | 556.1299 |
| August | 568.9129 | 548.8661 | 563.6272 |
| September | 575.0758 | 563.9898 | 569.2069 |
| October | 576.3768 | 566.1373 | 573.0601 |
| November | 578.9551 | 574.5875 | 576.6273 |
| December | 578.2132 | 566.1504 | 574.9717 |