YEARLY HIGH
0.0945 MGA
YEARLY LOW
0.0881 MGA
YEARLY AVERAGE
0.0914 MGA

2021 IRR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the IRR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 0.0945. Conversely, the yearly low was recorded on February 8, dropping to 0.0881.

This high-to-low spread represents a total annual volatility of 0.0064 MGA. From a start-to-finish perspective, comparing the January average rate of 0.0904 to the December average rate of 0.0939, the exchange rate registered a net change of 3.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0945 was up 0.10% compared to the 2020 peak of 0.0944, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 473 MGA
2020 Average 452 MGA
Yearly Trough Low 441 MGA
Transaction Impact: A difference of 31.94 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0947
0.0888
JanuMarcMayJulySeptNove

IRR 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 0.0897, compared to 0.0930 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0033 points.

H1 Avg (JanтАУJun) 0.0897
H2 Avg (JulтАУDec) 0.0930

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0041 MGA (High: 0.0934 / Low: 0.0893). On the other end, November was the most stable month, with a tight range of 0.0007 MGA (High: 0.0945 / Low: 0.0938).

January Spread (Volatile) ┬▒0.0041
November Spread (Stable) ┬▒0.0007

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 January and February, when the average rate fell by 0.0011 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.0942) against the same month in 2020 (average: 0.0931), the exchange rate shifted by +0.0010 (+1.11%).

2021 Avg (November) 0.0942
2020 Avg (November) 0.0931

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

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Month High Low Average
January 0.0934 0.0893 0.0904
February 0.0900 0.0881 0.0894
March 0.0904 0.0886 0.0896
April 0.0905 0.0893 0.0900
May 0.0906 0.0890 0.0893
June 0.0917 0.0890 0.0898
July 0.0932 0.0893 0.0911
August 0.0930 0.0899 0.0923
September 0.0941 0.0924 0.0931
October 0.0942 0.0927 0.0937
November 0.0945 0.0938 0.0942
December 0.0944 0.0924 0.0939