2011 MGA to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 MGA to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the MGA to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 6.0100. Conversely, the yearly low was recorded on November 17, dropping to 4.2955.
This high-to-low spread represents a total annual volatility of 1.7146 IRR. From a start-to-finish perspective, comparing the January average rate of 4.9604 to the December average rate of 5.0516, the exchange rate registered a net change of 1.84% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 6.0100 was up 13.43% compared to the 2010 peak of 5.2986, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MGA based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
MGA to IRR 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 5.2566, compared to 5.1692 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0874 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was November, with a trading range of 0.8941 IRR (High: 5.1895 / Low: 4.2955). On the other end, February was the most stable month, with a tight range of 0.0907 IRR (High: 5.1625 / Low: 5.0718).
Growth Streaks & Declines
TrendsBetween January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.3436 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2011: 5.6239) against the same month in 2010 (average: 4.5796), the exchange rate shifted by +1.0443 (+22.80%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.0669 | 4.8305 | 4.9604 |
| February | 5.1625 | 5.0718 | 5.1250 |
| March | 5.2132 | 5.1196 | 5.1549 |
| April | 5.3990 | 5.1954 | 5.3003 |
| May | 5.4480 | 5.3108 | 5.3750 |
| June | 6.0100 | 5.4316 | 5.6239 |
| July | 5.5293 | 5.3286 | 5.4132 |
| August | 5.4549 | 5.3218 | 5.3993 |
| September | 5.4538 | 5.1707 | 5.3198 |
| October | 5.3495 | 5.0032 | 5.0876 |
| November | 5.1895 | 4.2955 | 4.7440 |
| December | 5.2285 | 4.3611 | 5.0516 |