YEARLY HIGH
0.0297 AFN
YEARLY LOW
0.0197 AFN
YEARLY AVERAGE
0.0216 AFN

2021 MGA to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MGA to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 0.0297. Conversely, the yearly low was recorded on January 2, dropping to 0.0197.

This high-to-low spread represents a total annual volatility of 0.0099 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0203 to the December average rate of 0.0257, the exchange rate registered a net change of 26.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0297 was up 38.97% compared to the 2020 peak of 0.0213, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 148 AFN
2020 Average 101 AFN
Yearly Trough Low 99 AFN
Transaction Impact: A difference of 49.63 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0262
0.0198
JanuMarcMayJulySeptNove

MGA to AFN 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 0.0206, compared to 0.0227 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0206
H2 Avg (Jul–Dec) 0.0227

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0056 AFN (High: 0.0297 / Low: 0.0241). On the other end, April was the most stable month, with a tight range of 0.0004 AFN (High: 0.0208 / Low: 0.0204).

December Spread (Volatile) ±0.0056
April Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0000 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0257) against the same month in 2020 (average: 0.0202), the exchange rate shifted by +0.0055 (+27.24%).

2021 Avg (December) 0.0257
2020 Avg (December) 0.0202

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0206 0.0197 0.0203
February 0.0209 0.0204 0.0206
March 0.0208 0.0203 0.0205
April 0.0208 0.0204 0.0205
May 0.0210 0.0204 0.0207
June 0.0210 0.0204 0.0208
July 0.0216 0.0203 0.0208
August 0.0225 0.0204 0.0214
September 0.0227 0.0216 0.0221
October 0.0232 0.0225 0.0228
November 0.0241 0.0228 0.0233
December 0.0297 0.0241 0.0257