2021 MRO to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 MRO to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MRO to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 3978.9534. Conversely, the yearly low was recorded on February 8, dropping to 10.3922.
This high-to-low spread represents a total annual volatility of 3968.5612 MGA. From a start-to-finish perspective, comparing the January average rate of 10.6665 to the December average rate of 1157.8495, the exchange rate registered a net change of 10755.05% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 3978.9534 was up 35635.51% compared to the 2020 peak of 11.1345, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MRO based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
MRO to MGA Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 10.5856, compared to 202.1221 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 191.5365 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was December, with a trading range of 3968.0031 MGA (High: 3978.9534 / Low: 10.9503). On the other end, November was the most stable month, with a tight range of 0.0774 MGA (High: 11.1838 / Low: 11.1064).
Growth Streaks & Declines
TrendsBetween May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.1274 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 1157.8495) against the same month in 2020 (average: 10.6957), the exchange rate shifted by +1147.1538 (+10725.40%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.0123 | 10.5294 | 10.6665 |
| February | 10.6132 | 10.3922 | 10.5390 |
| March | 10.6579 | 10.4536 | 10.5707 |
| April | 10.6770 | 10.5373 | 10.6148 |
| May | 10.6898 | 10.4942 | 10.5341 |
| June | 10.8168 | 10.5014 | 10.5887 |
| July | 10.9942 | 10.5389 | 10.7523 |
| August | 10.9885 | 10.6160 | 10.8980 |
| September | 11.1242 | 10.9238 | 11.0055 |
| October | 11.1383 | 10.9594 | 11.0821 |
| November | 11.1838 | 11.1064 | 11.1453 |
| December | 3978.9534 | 10.9503 | 1157.8495 |