2021 INR to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 INR to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the INR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 53.7868. Conversely, the yearly low was recorded on April 21, dropping to 50.1065.
This high-to-low spread represents a total annual volatility of 3.6804 MGA. From a start-to-finish perspective, comparing the January average rate of 52.0844 to the December average rate of 52.6119, the exchange rate registered a net change of 1.01% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 53.7868 was up 0.32% compared to the 2020 peak of 53.6147, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 INR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
INR 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 51.5354, compared to 52.7048 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1694 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was August, with a trading range of 2.5766 MGA (High: 53.6437 / Low: 51.0670). On the other end, November was the most stable month, with a tight range of 0.6897 MGA (High: 53.7503 / Low: 53.0606).
Growth Streaks & Declines
TrendsBetween June and September, 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 March and April, when the average rate fell by 0.9630 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2021: 52.0844) against the same month in 2020 (average: 51.6500), the exchange rate shifted by +0.4344 (+0.84%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 53.7868 | 51.3024 | 52.0844 |
| February | 52.0964 | 50.5033 | 51.6612 |
| March | 52.4044 | 51.0292 | 51.8490 |
| April | 51.8392 | 50.1065 | 50.8860 |
| May | 51.8258 | 50.9478 | 51.3811 |
| June | 52.7676 | 50.6311 | 51.3507 |
| July | 52.6072 | 50.4734 | 51.5101 |
| August | 53.6437 | 51.0670 | 52.4955 |
| September | 53.7567 | 52.9521 | 53.3843 |
| October | 53.3219 | 51.9547 | 52.8058 |
| November | 53.7503 | 53.0606 | 53.4215 |
| December | 53.3260 | 51.8023 | 52.6119 |