2021 MGA to GNF Historical Review

YEARLY HIGH

2.7646 GNF

YEARLY LOW

2.3485 GNF

YEARLY AVERAGE

2.5569 GNF

2021 MGA to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MGA to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 16, valuing the pair at 2.7646. Conversely, the yearly low was recorded on December 17, dropping to 2.3485.

This high-to-low spread represents a total annual volatility of 0.4162 GNF. From a start-to-finish perspective, comparing the January average rate of 2.6808 to the December average rate of 2.3728, the exchange rate registered a net change of -11.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.7646 was up 3.32% compared to the 2020 peak of 2.6757, 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 13,823 GNF

2020 Average 12,629 GNF

Yearly Trough Low 11,742 GNF

Transaction Impact: A difference of 2,080.76 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.7366

2.3397

JanuMarcMayJulySeptNove

MGA to GNF 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 2.6506, compared to 2.4632 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1875 points.

H1 Avg (Jan–Jun) 2.6506

H2 Avg (Jul–Dec) 2.4632

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.1765 GNF (High: 2.7206 / Low: 2.5441). On the other end, May was the most stable month, with a tight range of 0.0400 GNF (High: 2.6458 / Low: 2.6059).

January Spread (Volatile) ±0.1765

May Spread (Stable) ±0.0400

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0595 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0595

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 2.7035) against the same month in 2020 (average: 2.5568), the exchange rate shifted by +0.1467 (+5.74%).

2021 Avg (February) 2.7035

2020 Avg (February) 2.5568

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7206	2.5441	2.6808
February	2.7646	2.6713	2.7035
March	2.7101	2.6366	2.6683
April	2.6489	2.6084	2.6307
May	2.6458	2.6059	2.6231
June	2.6172	2.5425	2.5973
July	2.6113	2.5049	2.5551
August	2.5737	2.4942	2.5138
September	2.5058	2.4588	2.4885
October	2.4920	2.4235	2.4541
November	2.4237	2.3588	2.3946
December	2.4238	2.3485	2.3728