2021 MGA to NZD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 MGA to NZD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MGA to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 18, valuing the pair at 0.0004. Conversely, the yearly low was recorded on October 28, dropping to 0.0003.
This high-to-low spread represents a total annual volatility of 0.0000 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0004 to the December average rate of 0.0004, the exchange rate registered a net change of 1.62% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 0.0004 was down 18.85% compared to the 2020 peak of 0.0005, 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 2021.
MGA to NZD 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 0.0004, compared to 0.0004 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was June, with a trading range of 0.0000 NZD (High: 0.0004 / Low: 0.0004). On the other end, May was the most stable month, with a tight range of 0.0000 NZD (High: 0.0004 / Low: 0.0004).
Growth Streaks & Declines
TrendsBetween January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0000 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2021: 0.0004) against the same month in 2020 (average: 0.0004), the exchange rate shifted by -0.0000 (-8.06%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.0004 | 0.0004 | 0.0004 |
| February | 0.0004 | 0.0004 | 0.0004 |
| March | 0.0004 | 0.0004 | 0.0004 |
| April | 0.0004 | 0.0004 | 0.0004 |
| May | 0.0004 | 0.0004 | 0.0004 |
| June | 0.0004 | 0.0004 | 0.0004 |
| July | 0.0004 | 0.0004 | 0.0004 |
| August | 0.0004 | 0.0004 | 0.0004 |
| September | 0.0004 | 0.0004 | 0.0004 |
| October | 0.0004 | 0.0003 | 0.0004 |
| November | 0.0004 | 0.0004 | 0.0004 |
| December | 0.0004 | 0.0004 | 0.0004 |