2010 MGA to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2010.
2010 MGA to CVE Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2010
During 2010, the MGA to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on May 17, valuing the pair at 0.0434. Conversely, the yearly low was recorded on February 24, dropping to 0.0369.
This high-to-low spread represents a total annual volatility of 0.0065 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0381 to the December average rate of 0.0396, the exchange rate registered a net change of 3.81% (reflecting a strengthening trend).
Comparing the value generated converting 5,000 MGA based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2010.
MGA to CVE 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 0.0394, compared to 0.0401 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2010 was August, with a trading range of 0.0043 CVE (High: 0.0428 / Low: 0.0385). On the other end, February was the most stable month, with a tight range of 0.0010 CVE (High: 0.0379 / Low: 0.0369).
Growth Streaks & Declines
TrendsBetween February and May, 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 September and October, when the average rate fell by 0.0022 points.
Same-Month Historical Baseline
YoY BaselineHistorical data for the previous year (2009) is currently unavailable. Strongest month average for May 2010 is 0.0421.
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.0391 | 0.0373 | 0.0381 |
| February | 0.0379 | 0.0369 | 0.0375 |
| March | 0.0394 | 0.0372 | 0.0379 |
| April | 0.0408 | 0.0388 | 0.0396 |
| May | 0.0434 | 0.0404 | 0.0421 |
| June | 0.0428 | 0.0398 | 0.0413 |
| July | 0.0398 | 0.0386 | 0.0392 |
| August | 0.0428 | 0.0385 | 0.0397 |
| September | 0.0432 | 0.0402 | 0.0419 |
| October | 0.0403 | 0.0392 | 0.0397 |
| November | 0.0419 | 0.0393 | 0.0405 |
| December | 0.0417 | 0.0389 | 0.0396 |