2021 GNF to MGA Historical Review

YEARLY HIGH

0.4258 MGA

YEARLY LOW

0.3617 MGA

YEARLY AVERAGE

0.3918 MGA

2021 GNF to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GNF to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.4258. Conversely, the yearly low was recorded on February 16, dropping to 0.3617.

This high-to-low spread represents a total annual volatility of 0.0641 MGA. From a start-to-finish perspective, comparing the January average rate of 0.3732 to the December average rate of 0.4215, the exchange rate registered a net change of 12.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4258 was up 4.79% compared to the 2020 peak of 0.4063, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,129 MGA

2020 Average 1,980 MGA

Yearly Trough Low 1,809 MGA

Transaction Impact: A difference of 320.48 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4266

0.3648

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 0.3774, compared to 0.4063 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0289 points.

H1 Avg (Jan–Jun) 0.3774

H2 Avg (Jul–Dec) 0.4063

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0255 MGA (High: 0.3931 / Low: 0.3676). On the other end, May was the most stable month, with a tight range of 0.0058 MGA (High: 0.3838 / Low: 0.3780).

January Spread (Volatile) ±0.0255

May Spread (Stable) ±0.0058

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0032 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.4215) against the same month in 2020 (average: 0.3840), the exchange rate shifted by +0.0375 (+9.76%).

2021 Avg (December) 0.4215

2020 Avg (December) 0.3840

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3931	0.3676	0.3732
February	0.3744	0.3617	0.3699
March	0.3793	0.3690	0.3748
April	0.3834	0.3775	0.3801
May	0.3838	0.3780	0.3812
June	0.3933	0.3821	0.3850
July	0.3992	0.3829	0.3914
August	0.4009	0.3885	0.3978
September	0.4067	0.3991	0.4019
October	0.4126	0.4013	0.4075
November	0.4239	0.4126	0.4176
December	0.4258	0.4126	0.4215