2021 JOD to MGA Historical Review

YEARLY HIGH

5631.3563 MGA

YEARLY LOW

5232.7221 MGA

YEARLY AVERAGE

5434.4167 MGA

2021 JOD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JOD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 5631.3563. Conversely, the yearly low was recorded on February 8, dropping to 5232.7221.

This high-to-low spread represents a total annual volatility of 398.6341 MGA. From a start-to-finish perspective, comparing the January average rate of 5371.0586 to the December average rate of 5595.7645, the exchange rate registered a net change of 4.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 5631.3563 was up 0.44% compared to the 2020 peak of 5606.4880, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 28,156,781 MGA

2020 Average 26,867,915 MGA

Yearly Trough Low 26,163,611 MGA

Transaction Impact: A difference of 1,993,170.72 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

5642.7295

5273.2303

JanuMarcMayJulySeptNove

JOD 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 5330.2564, compared to 5538.5769 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 208.3205 points.

H1 Avg (Jan–Jun) 5330.2564

H2 Avg (Jul–Dec) 5538.5769

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 243.1576 MGA (High: 5544.9912 / Low: 5301.8336). On the other end, November was the most stable month, with a tight range of 38.9726 MGA (High: 5631.3563 / Low: 5592.3836).

January Spread (Volatile) ±243.1576

November Spread (Stable) ±38.9726

Growth Streaks & Declines

Trends

Between May and November, 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 63.5793 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -63.5793

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 5611.9379) against the same month in 2020 (average: 5531.1850), the exchange rate shifted by +80.7529 (+1.46%).

2021 Avg (November) 5611.9379

2020 Avg (November) 5531.1850

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	5544.9912	5301.8336	5371.0586
February	5344.0167	5232.7221	5307.4792
March	5366.5249	5263.6675	5322.6229
April	5376.1457	5305.8019	5344.6299
May	5380.3076	5284.0854	5304.0219
June	5446.5255	5287.7292	5331.7261
July	5535.8692	5306.6071	5414.2813
August	5532.9705	5345.4484	5487.4132
September	5601.3263	5500.4195	5541.9350
October	5608.4363	5518.3357	5580.1296
November	5631.3563	5592.3836	5611.9379
December	5628.1391	5510.4753	5595.7645