YEARLY HIGH
165.4658 MGA
YEARLY LOW
152.6749 MGA
YEARLY AVERAGE
159.8314 MGA

2021 HNL to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HNL to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 19, valuing the pair at 165.4658. Conversely, the yearly low was recorded on February 8, dropping to 152.6749.

This high-to-low spread represents a total annual volatility of 12.7909 MGA. From a start-to-finish perspective, comparing the January average rate of 157.0641 to the December average rate of 163.3797, the exchange rate registered a net change of 4.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 165.4658 was up 1.28% compared to the 2020 peak of 163.3785, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 827,329 MGA
2020 Average 770,240 MGA
Yearly Trough Low 763,374 MGA
Transaction Impact: A difference of 63,954.51 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

165.6403
154.2611
JanuMarcMayJulySeptNove

HNL 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 156.4560, compared to 163.2069 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 6.7509 points.

H1 Avg (JanтАУJun) 156.4560
H2 Avg (JulтАУDec) 163.2069

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 9.7323 MGA (High: 162.4463 / Low: 152.7141). On the other end, November was the most stable month, with a tight range of 1.5212 MGA (High: 165.4658 / Low: 163.9446).

January Spread (Volatile) ┬▒9.7323
November Spread (Stable) ┬▒1.5212

Growth Streaks & Declines

Trends

Between May and August, 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 January and February, when the average rate fell by 1.8548 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.8548

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 164.6920) against the same month in 2020 (average: 160.6982), the exchange rate shifted by +3.9938 (+2.49%).

2021 Avg (November) 164.6920
2020 Avg (November) 160.6982

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

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Month High Low Average
January 162.4463 152.7141 157.0641
February 156.4254 152.6749 155.2093
March 157.5952 153.6906 155.8750
April 158.5164 155.9975 157.3245
May 158.0672 155.2795 156.0948
June 160.6279 155.5602 157.1681
July 164.2814 157.0550 160.7873
August 164.9498 159.5065 163.5725
September 164.6552 161.0939 163.0413
October 165.0754 161.6068 163.7686
November 165.4658 163.9446 164.6920
December 165.0741 160.1211 163.3797