YEARLY HIGH
3219.6282 MGA
YEARLY LOW
2912.2982 MGA
YEARLY AVERAGE
3073.3291 MGA

2021 CAD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CAD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 3219.6282. Conversely, the yearly low was recorded on February 8, dropping to 2912.2982.

This high-to-low spread represents a total annual volatility of 307.3300 MGA. From a start-to-finish perspective, comparing the January average rate of 2991.8969 to the December average rate of 3099.4913, the exchange rate registered a net change of 3.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 3219.6282 was up 5.72% compared to the 2020 peak of 3045.3624, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16,098,141 MGA
2020 Average 14,215,711 MGA
Yearly Trough Low 14,561,491 MGA
Transaction Impact: A difference of 1,536,649.83 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3201.5228
2941.5784
JanuMarcMayJulySeptNove

CAD to MGA 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 3029.9439, compared to 3116.7143 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 86.7704 points.

H1 Avg (Jan–Jun) 3029.9439
H2 Avg (Jul–Dec) 3116.7143

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 167.9909 MGA (High: 3179.9618 / Low: 3011.9709). On the other end, May was the most stable month, with a tight range of 49.9707 MGA (High: 3121.0988 / Low: 3071.1281).

June Spread (Volatile) ±167.9909
May Spread (Stable) ±49.9707

Growth Streaks & Declines

Trends

Between February and May, 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 November and December, when the average rate fell by 64.0876 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -64.0876

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 3179.8608) against the same month in 2020 (average: 2965.7090), the exchange rate shifted by +214.1518 (+7.22%).

2021 Avg (October) 3179.8608
2020 Avg (October) 2965.7090

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3088.3114 2951.1772 2991.8969
February 2996.8617 2912.2982 2963.2404
March 3050.7259 2943.3075 3001.9028
April 3087.5160 3010.7316 3031.0004
May 3121.0988 3071.1281 3101.2383
June 3179.9618 3011.9709 3090.3845
July 3168.4293 3011.6970 3068.6850
August 3122.4353 3023.7983 3087.3092
September 3132.7710 3058.3376 3101.3604
October 3219.6282 3123.3938 3179.8608
November 3208.6920 3115.4718 3163.5790
December 3142.5239 3041.7050 3099.4913