YEARLY HIGH
6.4420 MGA
YEARLY LOW
6.0521 MGA
YEARLY AVERAGE
6.2012 MGA

2021 CRC to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CRC to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 6.4420. Conversely, the yearly low was recorded on June 3, dropping to 6.0521.

This high-to-low spread represents a total annual volatility of 0.3899 MGA. From a start-to-finish perspective, comparing the January average rate of 6.2204 to the December average rate of 6.2250, the exchange rate registered a net change of 0.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 6.4420 was down 4.46% compared to the 2020 peak of 6.7430, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 32,210 MGA
2020 Average 32,603 MGA
Yearly Trough Low 30,261 MGA
Transaction Impact: A difference of 1,949.30 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

6.3224
6.0781
JanuMarcMayJulySeptNove

CRC 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 6.1528, compared to 6.2497 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0969 points.

H1 Avg (Jan–Jun) 6.1528
H2 Avg (Jul–Dec) 6.2497

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.3065 MGA (High: 6.4420 / Low: 6.1355). On the other end, May was the most stable month, with a tight range of 0.0859 MGA (High: 6.1472 / Low: 6.0613).

January Spread (Volatile) ±0.3065
May Spread (Stable) ±0.0859

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0812 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0812

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 6.2204) against the same month in 2020 (average: 6.4767), the exchange rate shifted by -0.2563 (-3.96%).

2021 Avg (January) 6.2204
2020 Avg (January) 6.4767

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.4420 6.1355 6.2204
February 6.1851 6.0526 6.1471
March 6.2119 6.0956 6.1693
April 6.2263 6.1130 6.1753
May 6.1472 6.0613 6.0985
June 6.2434 6.0521 6.1060
July 6.3316 6.0613 6.1932
August 6.3205 6.1108 6.2662
September 6.3479 6.2417 6.2907
October 6.3288 6.2317 6.3020
November 6.3473 6.1690 6.2208
December 6.3484 6.0761 6.2250