2011 HNL to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 HNL to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the HNL to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 117.6677. Conversely, the yearly low was recorded on June 8, dropping to 101.5859.
This high-to-low spread represents a total annual volatility of 16.0818 MGA. From a start-to-finish perspective, comparing the January average rate of 110.5696 to the December average rate of 112.9061, the exchange rate registered a net change of 2.11% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 117.6677 was down 1.27% compared to the 2010 peak of 119.1854, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 HNL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
HNL 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 105.6339, compared to 108.1082 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4742 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was December, with a trading range of 7.8184 MGA (High: 117.6677 / Low: 109.8494). On the other end, March was the most stable month, with a tight range of 1.5685 MGA (High: 106.5697 / Low: 105.0012).
Growth Streaks & Declines
TrendsBetween June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 3.7660 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2011: 112.9061) against the same month in 2010 (average: 111.3904), the exchange rate shifted by +1.5157 (+1.36%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 113.3669 | 108.0869 | 110.5696 |
| February | 108.1049 | 105.8049 | 106.8036 |
| March | 106.5697 | 105.0012 | 105.9956 |
| April | 106.1433 | 102.8430 | 104.1487 |
| May | 104.8603 | 102.8013 | 103.6819 |
| June | 103.3916 | 101.5859 | 102.6043 |
| July | 104.9173 | 101.8141 | 103.5402 |
| August | 105.9066 | 103.1176 | 104.1433 |
| September | 109.6795 | 103.1878 | 106.3061 |
| October | 112.0122 | 105.8484 | 110.4497 |
| November | 112.1783 | 110.2913 | 111.3036 |
| December | 117.6677 | 109.8494 | 112.9061 |