2011 CVE to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 CVE to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the CVE to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 26.8240. Conversely, the yearly low was recorded on October 4, dropping to 24.0249.
This high-to-low spread represents a total annual volatility of 2.7991 MGA. From a start-to-finish perspective, comparing the January average rate of 25.3534 to the December average rate of 25.5573, the exchange rate registered a net change of 0.80% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 26.8240 was down 0.92% compared to the 2010 peak of 27.0737, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CVE based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
CVE 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 25.4114, compared to 25.5642 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1528 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was October, with a trading range of 2.7991 MGA (High: 26.8240 / Low: 24.0249). On the other end, August was the most stable month, with a tight range of 0.5639 MGA (High: 25.7979 / Low: 25.2339).
Growth Streaks & Declines
TrendsBetween February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.3863 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2011: 26.0239) against the same month in 2010 (average: 25.1849), the exchange rate shifted by +0.8389 (+3.33%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 25.9870 | 24.9200 | 25.3534 |
| February | 25.5153 | 24.7190 | 25.0020 |
| March | 25.8322 | 25.0566 | 25.4447 |
| April | 26.2128 | 25.2895 | 25.8166 |
| May | 26.3208 | 25.0488 | 25.5380 |
| June | 25.6456 | 24.8676 | 25.3136 |
| July | 25.9451 | 24.7860 | 25.3459 |
| August | 25.7979 | 25.2339 | 25.4655 |
| September | 25.5878 | 24.5992 | 25.0792 |
| October | 26.8240 | 24.0249 | 26.0239 |
| November | 26.4559 | 25.3163 | 25.9133 |
| December | 26.1795 | 25.1716 | 25.5573 |