2021 JPY to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 JPY to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the JPY to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 38.0802. Conversely, the yearly low was recorded on June 3, dropping to 33.9922.
This high-to-low spread represents a total annual volatility of 4.0880 MGA. From a start-to-finish perspective, comparing the January average rate of 36.6903 to the December average rate of 34.8507, the exchange rate registered a net change of -5.01% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 38.0802 was down 0.34% compared to the 2020 peak of 38.2102, indicating shifts in long-term support levels.
Comparing the value generated converting 500,000 JPY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
JPY 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 35.0925, compared to 35.1030 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0105 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was January, with a trading range of 1.9276 MGA (High: 38.0802 / Low: 36.1526). On the other end, November was the most stable month, with a tight range of 0.6223 MGA (High: 35.1817 / Low: 34.5594).
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 January and February, when the average rate fell by 1.0088 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2021: 36.6903) against the same month in 2020 (average: 33.6963), the exchange rate shifted by +2.9939 (+8.89%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 38.0802 | 36.1526 | 36.6903 |
| February | 36.1244 | 34.9518 | 35.6815 |
| March | 35.2156 | 34.2776 | 34.6811 |
| April | 35.1242 | 34.2230 | 34.7380 |
| May | 34.9192 | 34.1166 | 34.4433 |
| June | 35.0926 | 33.9922 | 34.3208 |
| July | 35.5006 | 34.0986 | 34.8119 |
| August | 35.7424 | 34.6158 | 35.4168 |
| September | 36.1014 | 35.4588 | 35.6674 |
| October | 35.6373 | 34.4901 | 34.9656 |
| November | 35.1817 | 34.5594 | 34.9054 |
| December | 35.3243 | 34.1324 | 34.8507 |