YEARLY HIGH
43.4169 MGA
YEARLY LOW
39.5265 MGA
YEARLY AVERAGE
41.1715 MGA

2021 CVE to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CVE to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 43.4169. Conversely, the yearly low was recorded on June 28, dropping to 39.5265.

This high-to-low spread represents a total annual volatility of 3.8904 MGA. From a start-to-finish perspective, comparing the January average rate of 41.8603 to the December average rate of 40.4840, the exchange rate registered a net change of -3.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 43.4169 was up 0.73% compared to the 2020 peak of 43.1007, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 217,084 MGA
2020 Average 196,243 MGA
Yearly Trough Low 197,632 MGA
Transaction Impact: A difference of 19,452.15 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

41.9979
40.3464
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 41.1199, compared to 41.2231 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1031 points.

H1 Avg (Jan–Jun) 41.1199
H2 Avg (Jul–Dec) 41.2231

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 2.7321 MGA (High: 42.2586 / Low: 39.5265). On the other end, September was the most stable month, with a tight range of 0.7268 MGA (High: 42.1766 / Low: 41.4498).

June Spread (Volatile) ±2.7321
September Spread (Stable) ±0.7268

Growth Streaks & Declines

Trends

Between March and May, 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 January and February, when the average rate fell by 0.7693 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.7693

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 41.8603) against the same month in 2020 (average: 36.9361), the exchange rate shifted by +4.9242 (+13.33%).

2021 Avg (January) 41.8603
2020 Avg (January) 36.9361

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 43.4169 41.1337 41.8603
February 41.4005 40.4801 41.0910
March 41.0105 40.2604 40.5380
April 41.5388 40.2721 40.9071
May 41.5331 40.6034 41.2281
June 42.2586 39.5265 41.0951
July 41.9196 40.2261 40.9806
August 41.9699 40.6426 41.4835
September 42.1766 41.4498 41.8476
October 41.9748 40.9043 41.4796
November 41.6403 40.2683 41.0632
December 40.7655 39.9114 40.4840