YEARLY HIGH
477.1312 MGA
YEARLY LOW
425.6788 MGA
YEARLY AVERAGE
448.2061 MGA

2021 NOK to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 477.1312. Conversely, the yearly low was recorded on July 20, dropping to 425.6788.

This high-to-low spread represents a total annual volatility of 51.4524 MGA. From a start-to-finish perspective, comparing the January average rate of 446.8349 to the December average rate of 442.2214, the exchange rate registered a net change of -1.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 477.1312 was up 5.25% compared to the 2020 peak of 453.3270, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,385,656 MGA
2020 Average 2,030,332 MGA
Yearly Trough Low 2,128,394 MGA
Transaction Impact: A difference of 257,262.05 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

470.3247
434.6563
JanuMarcMayJulySeptNove

NOK 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 447.3562, compared to 449.0560 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 1.6998 points.

H1 Avg (JanтАУJun) 447.3562
H2 Avg (JulтАУDec) 449.0560

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 32.2807 MGA (High: 471.4115 / Low: 439.1308). On the other end, May was the most stable month, with a tight range of 11.1521 MGA (High: 458.7125 / Low: 447.5604).

November Spread (Volatile) ┬▒32.2807
May Spread (Stable) ┬▒11.1521

Growth Streaks & Declines

Trends

Between February and May, 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 October and November, when the average rate fell by 13.2249 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -13.2249

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 467.3523) against the same month in 2020 (average: 421.4861), the exchange rate shifted by +45.8663 (+10.88%).

2021 Avg (October) 467.3523
2020 Avg (October) 421.4861

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 459.1441 437.0115 446.8349
February 447.8431 431.3536 442.2825
March 449.8637 434.5996 442.6085
April 464.7040 443.9825 451.4009
May 458.7125 447.5604 452.6942
June 464.5629 432.8326 448.3163
July 456.5295 425.6788 437.6286
August 452.3072 429.8719 439.4200
September 461.1190 448.1408 453.5863
October 477.1312 457.5996 467.3523
November 471.4115 439.1308 454.1275
December 452.5628 432.8225 442.2214