2021 FKP to MGA Historical Review

YEARLY HIGH

5486.4526 MGA

YEARLY LOW

5099.6353 MGA

YEARLY AVERAGE

5299.1966 MGA

2021 FKP to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the FKP to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 5486.4526. Conversely, the yearly low was recorded on February 8, dropping to 5099.6353.

This high-to-low spread represents a total annual volatility of 386.8173 MGA. From a start-to-finish perspective, comparing the January average rate of 5194.9771 to the December average rate of 5280.0137, the exchange rate registered a net change of 1.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 5486.4526 was up 3.35% compared to the 2020 peak of 5308.5847, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 27,432,263 MGA

2020 Average 24,455,956 MGA

Yearly Trough Low 25,498,177 MGA

Transaction Impact: A difference of 1,934,086.27 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

5436.3639

5173.0329

JanuMarcMayJulySeptNove

FKP 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 5246.3484, compared to 5352.0448 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 105.6964 points.

H1 Avg (Jan–Jun) 5246.3484

H2 Avg (Jul–Dec) 5352.0448

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 269.2959 MGA (High: 5375.5367 / Low: 5106.2408). On the other end, March was the most stable month, with a tight range of 102.0380 MGA (High: 5281.9801 / Low: 5179.9421).

January Spread (Volatile) ±269.2959

March Spread (Stable) ±102.0380

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 68.9198 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -68.9198

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 5414.4196) against the same month in 2020 (average: 5083.8113), the exchange rate shifted by +330.6083 (+6.50%).

2021 Avg (October) 5414.4196

2020 Avg (October) 5083.8113

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	5375.5367	5106.2408	5194.9771
February	5317.8504	5099.6353	5219.9308
March	5281.9801	5179.9421	5229.4581
April	5312.9834	5199.5195	5242.9688
May	5340.0200	5215.9399	5293.7952
June	5448.5774	5181.0683	5296.9601
July	5417.9953	5206.1416	5303.2492
August	5438.5018	5256.5628	5366.7639
September	5440.5564	5332.7125	5398.8889
October	5486.4526	5326.2815	5414.4196
November	5438.5341	5299.6559	5348.9335
December	5365.2424	5218.8396	5280.0137