YEARLY HIGH
2.0245 MGA
YEARLY LOW
1.8940 MGA
YEARLY AVERAGE
1.9514 MGA

2021 BIF to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BIF to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2.0245. Conversely, the yearly low was recorded on June 19, dropping to 1.8940.

This high-to-low spread represents a total annual volatility of 0.1304 MGA. From a start-to-finish perspective, comparing the January average rate of 1.9561 to the December average rate of 1.9860, the exchange rate registered a net change of 1.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.0245 was down 1.33% compared to the 2020 peak of 2.0517, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BIF based on timing:

Yearly Peak High 10,122 MGA
2020 Average 9,950 MGA
Yearly Trough Low 9,470 MGA
Transaction Impact: A difference of 652.09 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.0046
1.9012
JanuMarcMayJulySeptNove

BIF to MGA 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: JanтАУJun) was 1.9291, compared to 1.9736 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0444 points.

H1 Avg (JanтАУJun) 1.9291
H2 Avg (JulтАУDec) 1.9736

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.1017 MGA (High: 2.0245 / Low: 1.9228). On the other end, November was the most stable month, with a tight range of 0.0176 MGA (High: 2.0041 / Low: 1.9865).

January Spread (Volatile) ┬▒0.1017
November Spread (Stable) ┬▒0.0176

Growth Streaks & Declines

Trends

Between May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0297 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0297

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1.9561) against the same month in 2020 (average: 1.9530), the exchange rate shifted by +0.0031 (+0.16%).

2021 Avg (January) 1.9561
2020 Avg (January) 1.9530

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Month High Low Average
January 2.0245 1.9228 1.9561
February 1.9511 1.9023 1.9288
March 1.9465 1.9102 1.9301
April 1.9566 1.9131 1.9395
May 1.9469 1.8964 1.9098
June 1.9530 1.8940 1.9105
July 1.9801 1.8976 1.9369
August 1.9768 1.9101 1.9611
September 1.9949 1.9561 1.9757
October 1.9994 1.9597 1.9857
November 2.0041 1.9865 1.9960
December 1.9999 1.9556 1.9860