YEARLY HIGH
4784.6779 MGA
YEARLY LOW
4423.8744 MGA
YEARLY AVERAGE
4556.5927 MGA

2021 EUR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the EUR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 4784.6779. Conversely, the yearly low was recorded on December 23, dropping to 4423.8744.

This high-to-low spread represents a total annual volatility of 360.8035 MGA. From a start-to-finish perspective, comparing the January average rate of 4633.1356 to the December average rate of 4485.3205, the exchange rate registered a net change of -3.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 4784.6779 was up 0.29% compared to the 2020 peak of 4770.8285, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 23,923,389 MGA
2020 Average 21,764,795 MGA
Yearly Trough Low 22,119,372 MGA
Transaction Impact: A difference of 1,804,017.59 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

4647.9171
4470.5390
JanuMarcMayJulySeptNove

EUR 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 4554.0078, compared to 4559.1777 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 5.1700 points.

H1 Avg (JanтАУJun) 4554.0078
H2 Avg (JulтАУDec) 4559.1777

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 245.5739 MGA (High: 4784.6779 / Low: 4539.1040). On the other end, May was the most stable month, with a tight range of 66.2586 MGA (High: 4600.1423 / Low: 4533.8837).

January Spread (Volatile) ┬▒245.5739
May Spread (Stable) ┬▒66.2586

Growth Streaks & Declines

Trends

Between March and May, 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 January and February, when the average rate fell by 82.7999 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -82.7999

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 4633.1356) against the same month in 2020 (average: 4087.1964), the exchange rate shifted by +545.9392 (+13.36%).

2021 Avg (January) 4633.1356
2020 Avg (January) 4087.1964

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 4784.6779 4539.1040 4633.1356
February 4585.2752 4470.9191 4550.3357
March 4533.5846 4452.3563 4490.3179
April 4609.5441 4456.7734 4532.8963
May 4600.1423 4533.8837 4567.8179
June 4680.9607 4453.5556 4549.5433
July 4640.4463 4440.6645 4540.0152
August 4627.3162 4486.3640 4578.9789
September 4663.8431 4575.9037 4624.8773
October 4644.6258 4526.3710 4588.1517
November 4612.8166 4462.9871 4537.7228
December 4512.8396 4423.8744 4485.3205