YEARLY HIGH
9.3480 MGA
YEARLY LOW
8.7105 MGA
YEARLY AVERAGE
9.0309 MGA

2021 KZT to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KZT to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on September 28, valuing the pair at 9.3480. Conversely, the yearly low was recorded on April 13, dropping to 8.7105.

This high-to-low spread represents a total annual volatility of 0.6375 MGA. From a start-to-finish perspective, comparing the January average rate of 9.0470 to the December average rate of 9.0847, the exchange rate registered a net change of 0.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 9.3480 was down 5.83% compared to the 2020 peak of 9.9267, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 46,740 MGA
2020 Average 46,082 MGA
Yearly Trough Low 43,553 MGA
Transaction Impact: A difference of 3,187.64 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

9.3355
8.7363
JanuMarcMayJulySeptNove

KZT 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 8.9065, compared to 9.1553 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2488 points.

H1 Avg (Jan–Jun) 8.9065
H2 Avg (Jul–Dec) 9.1553

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.4320 MGA (High: 9.2050 / Low: 8.7730). On the other end, May was the most stable month, with a tight range of 0.1290 MGA (High: 8.8601 / Low: 8.7310).

July Spread (Volatile) ±0.4320
May Spread (Stable) ±0.1290

Growth Streaks & Declines

Trends

Between May and October, 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 March and April, when the average rate fell by 0.1586 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1586

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2021: 9.2256) against the same month in 2020 (average: 9.0852), the exchange rate shifted by +0.1404 (+1.55%).

2021 Avg (September) 9.2256
2020 Avg (September) 9.0852

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.3303 8.9334 9.0470
February 9.0766 8.8585 8.9815
March 9.0187 8.8833 8.9698
April 8.9199 8.7105 8.8112
May 8.8601 8.7310 8.7863
June 9.0329 8.7638 8.8429
July 9.2050 8.7730 8.9915
August 9.2056 8.9306 9.1322
September 9.3480 9.1459 9.2256
October 9.3474 9.1947 9.2856
November 9.2857 9.0571 9.2120
December 9.1615 8.9456 9.0847