2021 MGA to ZAR Historical Review

YEARLY HIGH

0.0041 ZAR

YEARLY LOW

0.0036 ZAR

YEARLY AVERAGE

0.0038 ZAR

2021 MGA to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MGA to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.0041. Conversely, the yearly low was recorded on June 6, dropping to 0.0036.

This high-to-low spread represents a total annual volatility of 0.0006 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0040 to the December average rate of 0.0040, the exchange rate registered a net change of 0.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0041 was down 19.54% compared to the 2020 peak of 0.0051, 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 21 ZAR

2020 Average 22 ZAR

Yearly Trough Low 18 ZAR

Transaction Impact: A difference of 2.77 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0040

0.0037

JanuMarcMayJulySeptNove

MGA to ZAR 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 0.0038, compared to 0.0038 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.

H1 Avg (Jan–Jun) 0.0038

H2 Avg (Jul–Dec) 0.0038

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0004 ZAR (High: 0.0041 / Low: 0.0037). On the other end, April was the most stable month, with a tight range of 0.0001 ZAR (High: 0.0039 / Low: 0.0037).

January Spread (Volatile) ±0.0004

April Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between September and December, 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 March and April, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0040) against the same month in 2020 (average: 0.0045), the exchange rate shifted by -0.0005 (-11.45%).

2021 Avg (March) 0.0040

2020 Avg (March) 0.0045

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0041	0.0037	0.0040
February	0.0040	0.0038	0.0039
March	0.0041	0.0039	0.0040
April	0.0039	0.0037	0.0038
May	0.0038	0.0037	0.0037
June	0.0038	0.0036	0.0037
July	0.0039	0.0036	0.0038
August	0.0039	0.0037	0.0038
September	0.0038	0.0036	0.0037
October	0.0038	0.0036	0.0038
November	0.0041	0.0038	0.0039
December	0.0041	0.0039	0.0040