2021 FJD to MGA Historical Review

YEARLY HIGH

1927.9123 MGA

YEARLY LOW

1813.8612 MGA

YEARLY AVERAGE

1862.5387 MGA

2021 FJD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the FJD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1927.9123. Conversely, the yearly low was recorded on July 13, dropping to 1813.8612.

This high-to-low spread represents a total annual volatility of 114.0511 MGA. From a start-to-finish perspective, comparing the January average rate of 1870.1297 to the December average rate of 1862.8950, the exchange rate registered a net change of -0.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1927.9123 was up 1.00% compared to the 2020 peak of 1908.8043, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,639,561 MGA

2020 Average 8,795,978 MGA

Yearly Trough Low 9,069,306 MGA

Transaction Impact: A difference of 570,255.48 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1899.4585

1838.4136

JanuMarcMayJulySeptNove

FJD 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 1852.2854, compared to 1872.7920 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 20.5066 points.

H1 Avg (Jan–Jun) 1852.2854

H2 Avg (Jul–Dec) 1872.7920

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 89.7705 MGA (High: 1927.9123 / Low: 1838.1418). On the other end, September was the most stable month, with a tight range of 27.2460 MGA (High: 1894.2766 / Low: 1867.0306).

January Spread (Volatile) ±89.7705

September Spread (Stable) ±27.2460

Growth Streaks & Declines

Trends

Between June and November, 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 November and December, when the average rate fell by 31.4764 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -31.4764

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1870.1297) against the same month in 2020 (average: 1699.3662), the exchange rate shifted by +170.7635 (+10.05%).

2021 Avg (January) 1870.1297

2020 Avg (January) 1699.3662

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1927.9123	1838.1418	1870.1297
February	1874.6998	1819.3409	1853.8510
March	1871.4314	1828.4002	1845.0122
April	1876.5160	1826.9935	1849.9499
May	1878.5946	1835.5790	1851.2691
June	1892.9346	1818.0057	1843.5007
July	1896.4685	1813.8612	1845.1660
August	1890.0554	1821.5110	1858.9532
September	1894.2766	1867.0306	1882.8564
October	1926.1926	1858.2284	1892.5101
November	1920.0792	1869.9240	1894.3715
December	1878.0164	1827.6039	1862.8950