YEARLY HIGH
0.0200 INR
YEARLY LOW
0.0186 INR
YEARLY AVERAGE
0.0192 INR

2021 MGA to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MGA to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 0.0200. Conversely, the yearly low was recorded on January 2, dropping to 0.0186.

This high-to-low spread represents a total annual volatility of 0.0014 INR. From a start-to-finish perspective, comparing the January average rate of 0.0192 to the December average rate of 0.0190, the exchange rate registered a net change of -1.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0200 was down 2.42% compared to the 2020 peak of 0.0205, 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 100 INR
2020 Average 97 INR
Yearly Trough Low 93 INR
Transaction Impact: A difference of 6.83 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0197
0.0186
JanuMarcMayJulySeptNove

MGA to INR 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 0.0194, compared to 0.0190 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0194
H2 Avg (Jul–Dec) 0.0190

Volatility Range Comparison

Volatility

The most volatile month in 2021 was August, with a trading range of 0.0009 INR (High: 0.0196 / Low: 0.0186). On the other end, November was the most stable month, with a tight range of 0.0002 INR (High: 0.0188 / Low: 0.0186).

August Spread (Volatile) ±0.0009
November Spread (Stable) ±0.0002

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 July and August, when the average rate fell by 0.0004 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.0197) against the same month in 2020 (average: 0.0202), the exchange rate shifted by -0.0005 (-2.71%).

2021 Avg (April) 0.0197
2020 Avg (April) 0.0202

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0195 0.0186 0.0192
February 0.0198 0.0192 0.0194
March 0.0196 0.0191 0.0193
April 0.0200 0.0193 0.0197
May 0.0196 0.0193 0.0195
June 0.0198 0.0190 0.0195
July 0.0198 0.0190 0.0194
August 0.0196 0.0186 0.0191
September 0.0189 0.0186 0.0187
October 0.0192 0.0188 0.0189
November 0.0188 0.0186 0.0187
December 0.0193 0.0188 0.0190