2011 HKD to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 HKD to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the HKD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 287.5278. Conversely, the yearly low was recorded on June 8, dropping to 247.0039.
This high-to-low spread represents a total annual volatility of 40.5239 MGA. From a start-to-finish perspective, comparing the January average rate of 268.8902 to the December average rate of 275.2130, the exchange rate registered a net change of 2.35% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 287.5278 was down 0.71% compared to the 2010 peak of 289.5971, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 HKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
HKD to MGA Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 256.7501, compared to 262.5243 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.7742 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was December, with a trading range of 20.1350 MGA (High: 287.5278 / Low: 267.3928). On the other end, March was the most stable month, with a tight range of 3.6410 MGA (High: 258.5010 / Low: 254.8600).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 9.5158 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2011: 275.2130) against the same month in 2010 (average: 271.0982), the exchange rate shifted by +4.1148 (+1.52%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 276.0789 | 262.5032 | 268.8902 |
| February | 262.5024 | 256.6274 | 259.3744 |
| March | 258.5010 | 254.8600 | 257.2474 |
| April | 257.9981 | 250.3122 | 253.4322 |
| May | 254.9493 | 250.0834 | 252.2886 |
| June | 251.1066 | 247.0039 | 249.2678 |
| July | 253.8986 | 247.3870 | 251.3176 |
| August | 253.6776 | 249.2965 | 251.2646 |
| September | 266.2132 | 249.4770 | 257.4745 |
| October | 272.6112 | 257.0278 | 268.9007 |
| November | 273.0545 | 268.7027 | 270.9754 |
| December | 287.5278 | 267.3928 | 275.2130 |