2021 NOK to MGA Historical Review

YEARLY HIGH

477.1312 MGA

YEARLY LOW

425.6788 MGA

YEARLY AVERAGE

448.2061 MGA

2021 NOK to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 477.1312. Conversely, the yearly low was recorded on July 20, dropping to 425.6788.

This high-to-low spread represents a total annual volatility of 51.4524 MGA. From a start-to-finish perspective, comparing the January average rate of 446.8349 to the December average rate of 442.2214, the exchange rate registered a net change of -1.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 477.1312 was up 5.25% compared to the 2020 peak of 453.3270, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,385,656 MGA

2020 Average 2,030,332 MGA

Yearly Trough Low 2,128,394 MGA

Transaction Impact: A difference of 257,262.05 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

470.3247

434.6563

JanuMarcMayJulySeptNove

NOK 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 447.3562, compared to 449.0560 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6998 points.

H1 Avg (Jan–Jun) 447.3562

H2 Avg (Jul–Dec) 449.0560

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 32.2807 MGA (High: 471.4115 / Low: 439.1308). On the other end, May was the most stable month, with a tight range of 11.1521 MGA (High: 458.7125 / Low: 447.5604).

November Spread (Volatile) ±32.2807

May Spread (Stable) ±11.1521

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 13.2249 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -13.2249

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 467.3523) against the same month in 2020 (average: 421.4861), the exchange rate shifted by +45.8663 (+10.88%).

2021 Avg (October) 467.3523

2020 Avg (October) 421.4861

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	459.1441	437.0115	446.8349
February	447.8431	431.3536	442.2825
March	449.8637	434.5996	442.6085
April	464.7040	443.9825	451.4009
May	458.7125	447.5604	452.6942
June	464.5629	432.8326	448.3163
July	456.5295	425.6788	437.6286
August	452.3072	429.8719	439.4200
September	461.1190	448.1408	453.5863
October	477.1312	457.5996	467.3523
November	471.4115	439.1308	454.1275
December	452.5628	432.8225	442.2214

૨૦૨૫ NOK થી MGA ઐતિહાસિક સમીક્ષા