YEARLY HIGH
1096.7524 MGA
YEARLY LOW
1018.9508 MGA
YEARLY AVERAGE
1057.2891 MGA

2021 QAR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the QAR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 1096.7524. Conversely, the yearly low was recorded on February 8, dropping to 1018.9508.

This high-to-low spread represents a total annual volatility of 77.8015 MGA. From a start-to-finish perspective, comparing the January average rate of 1045.4375 to the December average rate of 1089.5801, the exchange rate registered a net change of 4.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1096.7524 was up 0.46% compared to the 2020 peak of 1091.7330, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,483,762 MGA
2020 Average 5,231,596 MGA
Yearly Trough Low 5,094,754 MGA
Transaction Impact: A difference of 389,007.69 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1098.4911
1026.6675
JanuMarcMayJulySeptNove

QAR 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 1037.7261, compared to 1076.8520 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 39.1259 points.

H1 Avg (JanтАУJun) 1037.7261
H2 Avg (JulтАУDec) 1076.8520

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 47.2752 MGA (High: 1079.6838 / Low: 1032.4087). On the other end, November was the most stable month, with a tight range of 7.5890 MGA (High: 1096.5756 / Low: 1088.9865).

January Spread (Volatile) ┬▒47.2752
November Spread (Stable) ┬▒7.5890

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 12.0879 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -12.0879

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2021: 1076.3602) against the same month in 2020 (average: 1060.3610), the exchange rate shifted by +15.9992 (+1.51%).

2021 Avg (September) 1076.3602
2020 Avg (September) 1060.3610

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 1079.6838 1032.4087 1045.4375
February 1040.7512 1018.9508 1033.3497
March 1045.0058 1024.9767 1036.1663
April 1046.5521 1034.0929 1040.9324
May 1047.0882 1027.4016 1032.6528
June 1060.5841 1029.6622 1037.8179
July 1074.3735 1033.3382 1052.7555
August 1077.4172 1030.6445 1063.5737
September 1096.7524 1063.2754 1076.3602
October 1092.1124 1074.6412 1086.3369
November 1096.5756 1088.9865 1092.5058
December 1094.6013 1073.0368 1089.5801