2021 MMK to MGA Historical Review

YEARLY HIGH

2.9458 MGA

YEARLY LOW

1.9944 MGA

YEARLY AVERAGE

2.4159 MGA

2021 MMK to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MMK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2.9458. Conversely, the yearly low was recorded on October 8, dropping to 1.9944.

This high-to-low spread represents a total annual volatility of 0.9514 MGA. From a start-to-finish perspective, comparing the January average rate of 2.8618 to the December average rate of 2.2283, the exchange rate registered a net change of -22.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.9458 was down 4.61% compared to the 2020 peak of 3.0880, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,729 MGA

2020 Average 13,878 MGA

Yearly Trough Low 9,972 MGA

Transaction Impact: A difference of 4,757.13 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.9383

2.0203

JanuMarcMayJulySeptNove

MMK 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 2.5858, compared to 2.2460 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3398 points.

H1 Avg (Jan–Jun) 2.5858

H2 Avg (Jul–Dec) 2.2460

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.2843 MGA (High: 2.7030 / Low: 2.4187). On the other end, December was the most stable month, with a tight range of 0.0410 MGA (High: 2.2372 / Low: 2.1962).

April Spread (Volatile) ±0.2843

December Spread (Stable) ±0.0410

Growth Streaks & Declines

Trends

Between June and August, 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 April and May, when the average rate fell by 0.2813 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2813

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 2.8618) against the same month in 2020 (average: 2.5066), the exchange rate shifted by +0.3553 (+14.17%).

2021 Avg (January) 2.8618

2020 Avg (January) 2.5066

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9458	2.8209	2.8618
February	2.8551	2.6357	2.6860
March	2.6986	2.6476	2.6769
April	2.7030	2.4187	2.6375
May	2.4381	2.2759	2.3562
June	2.3455	2.2785	2.2963
July	2.3846	2.2865	2.3328
August	2.3832	2.3028	2.3637
September	2.3855	2.1110	2.2294
October	2.2151	1.9944	2.0968
November	2.2533	2.1681	2.2250
December	2.2372	2.1962	2.2283

૨૦૨૫ MMK થી MGA ઐતિહાસિક સમીક્ષા