YEARLY HIGH
0.2827 MGA
YEARLY LOW
0.2584 MGA
YEARLY AVERAGE
0.2693 MGA

2021 IDR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the IDR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 0.2827. Conversely, the yearly low was recorded on April 13, dropping to 0.2584.

This high-to-low spread represents a total annual volatility of 0.0243 MGA. From a start-to-finish perspective, comparing the January average rate of 0.2708 to the December average rate of 0.2770, the exchange rate registered a net change of 2.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2827 was down 0.15% compared to the 2020 peak of 0.2832, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 2,827,372 MGA
2020 Average 2,623,826 MGA
Yearly Trough Low 2,584,027 MGA
Transaction Impact: A difference of 243,344.36 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2806
0.2588
JanuMarcMayJulySeptNove

IDR 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 0.2645, compared to 0.2741 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0096 points.

H1 Avg (Jan–Jun) 0.2645
H2 Avg (Jul–Dec) 0.2741

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0141 MGA (High: 0.2796 / Low: 0.2656). On the other end, September was the most stable month, with a tight range of 0.0037 MGA (High: 0.2773 / Low: 0.2736).

January Spread (Volatile) ±0.0141
September Spread (Stable) ±0.0037

Growth Streaks & Declines

Trends

Between April and October, 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 February and March, when the average rate fell by 0.0055 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 0.2788) against the same month in 2020 (average: 0.2664), the exchange rate shifted by +0.0123 (+4.63%).

2021 Avg (October) 0.2788
2020 Avg (October) 0.2664

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2796 0.2656 0.2708
February 0.2706 0.2606 0.2677
March 0.2640 0.2600 0.2622
April 0.2633 0.2584 0.2606
May 0.2657 0.2608 0.2627
June 0.2713 0.2591 0.2633
July 0.2704 0.2593 0.2647
August 0.2748 0.2638 0.2705
September 0.2773 0.2736 0.2755
October 0.2827 0.2744 0.2788
November 0.2811 0.2754 0.2785
December 0.2799 0.2737 0.2770