YEARLY HIGH
0.4469 MGA
YEARLY LOW
0.2827 MGA
YEARLY AVERAGE
0.3836 MGA

2010 GNF to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the GNF to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on July 6, valuing the pair at 0.4469. Conversely, the yearly low was recorded on November 8, dropping to 0.2827.

This high-to-low spread represents a total annual volatility of 0.1642 MGA. From a start-to-finish perspective, comparing the January average rate of 0.4064 to the December average rate of 0.3029, the exchange rate registered a net change of -25.46% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 2,234 MGA
Yearly Average 1,918 MGA
Yearly Trough Low 1,413 MGA
Transaction Impact: A difference of 820.97 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.4520
0.2736
JanuMarcMayJulySeptNove

GNF 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 0.4206, compared to 0.3466 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0739 points.

H1 Avg (Jan–Jun) 0.4206
H2 Avg (Jul–Dec) 0.3466

Volatility Range Comparison

Volatility

The most volatile month in 2010 was September, with a trading range of 0.0606 MGA (High: 0.3709 / Low: 0.3103). On the other end, November was the most stable month, with a tight range of 0.0118 MGA (High: 0.2945 / Low: 0.2827).

September Spread (Volatile) ±0.0606
November Spread (Stable) ±0.0118

Growth Streaks & Declines

Trends

Between May and July, 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 0.0687 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0687

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for July 2010 is 0.4372.

2010 Avg (July) 0.4372
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4244 0.3923 0.4064
February 0.4329 0.4188 0.4280
March 0.4376 0.4129 0.4275
April 0.4264 0.4039 0.4143
May 0.4206 0.4086 0.4137
June 0.4456 0.4214 0.4335
July 0.4469 0.4252 0.4372
August 0.4336 0.3798 0.4136
September 0.3709 0.3103 0.3449
October 0.3121 0.2844 0.2928
November 0.2945 0.2827 0.2884
December 0.3111 0.2936 0.3029