2021 MVR to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 MVR to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MVR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 258.9965. Conversely, the yearly low was recorded on February 8, dropping to 240.5186.
This high-to-low spread represents a total annual volatility of 18.4778 MGA. From a start-to-finish perspective, comparing the January average rate of 247.1905 to the December average rate of 256.9605, the exchange rate registered a net change of 3.95% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 258.9965 was up 0.37% compared to the 2020 peak of 258.0528, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MVR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
MVR 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 244.9602, compared to 254.3662 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.4059 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was January, with a trading range of 11.1947 MGA (High: 255.2856 / Low: 244.0909). On the other end, November was the most stable month, with a tight range of 2.3622 MGA (High: 258.9965 / Low: 256.6343).
Growth Streaks & Declines
TrendsBetween 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 2.9749 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2021: 257.6515) against the same month in 2020 (average: 254.5725), the exchange rate shifted by +3.0790 (+1.21%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 255.2856 | 244.0909 | 247.1905 |
| February | 246.0330 | 240.5186 | 244.2155 |
| March | 246.2697 | 242.1765 | 244.4408 |
| April | 246.7808 | 243.4831 | 245.2360 |
| May | 247.4872 | 242.2033 | 243.9324 |
| June | 250.3313 | 242.4968 | 244.7463 |
| July | 254.8657 | 243.8357 | 249.1027 |
| August | 253.8881 | 245.3025 | 251.7745 |
| September | 257.0447 | 252.4506 | 254.5396 |
| October | 257.3710 | 253.6467 | 256.1682 |
| November | 258.9965 | 256.6343 | 257.6515 |
| December | 258.9675 | 252.8755 | 256.9605 |