2021 BRL to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 BRL to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the BRL to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on June 30, valuing the pair at 772.6587. Conversely, the yearly low was recorded on March 8, dropping to 642.3423.
This high-to-low spread represents a total annual volatility of 130.3163 MGA. From a start-to-finish perspective, comparing the January average rate of 710.9730 to the December average rate of 701.5935, the exchange rate registered a net change of -1.32% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 772.6587 was down 16.28% compared to the 2020 peak of 922.9418, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 BRL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
BRL 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 702.5679, compared to 726.9576 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 24.3897 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was January, with a trading range of 67.7018 MGA (High: 756.9990 / Low: 689.2972). On the other end, May was the most stable month, with a tight range of 27.9124 MGA (High: 722.0292 / Low: 694.1168).
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 September and October, when the average rate fell by 30.0409 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2021: 751.4076) against the same month in 2020 (average: 737.4299), the exchange rate shifted by +13.9777 (+1.90%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 756.9990 | 689.2972 | 710.9730 |
| February | 707.0710 | 664.4313 | 694.7124 |
| March | 690.3743 | 642.3423 | 669.3323 |
| April | 710.9857 | 660.9250 | 679.3371 |
| May | 722.0292 | 694.1168 | 709.6447 |
| June | 772.6587 | 728.9592 | 751.4076 |
| July | 772.0269 | 725.3226 | 743.4682 |
| August | 760.2360 | 721.7582 | 740.5289 |
| September | 759.3994 | 727.9539 | 745.0246 |
| October | 736.3842 | 698.8019 | 714.9837 |
| November | 735.8622 | 698.6620 | 716.1465 |
| December | 717.5964 | 688.3968 | 701.5935 |