2021 NIO to MGA Historical Review

YEARLY HIGH

113.3125 MGA

YEARLY LOW

106.1103 MGA

YEARLY AVERAGE

109.7859 MGA

2021 NIO to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NIO to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 113.3125. Conversely, the yearly low was recorded on May 29, dropping to 106.1103.

This high-to-low spread represents a total annual volatility of 7.2022 MGA. From a start-to-finish perspective, comparing the January average rate of 108.9524 to the December average rate of 112.2911, the exchange rate registered a net change of 3.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 113.3125 was down 0.81% compared to the 2020 peak of 114.2343, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 566,563 MGA

2020 Average 553,735 MGA

Yearly Trough Low 530,552 MGA

Transaction Impact: A difference of 36,011.06 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

113.5254

106.5900

JanuMarcMayJulySeptNove

NIO 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: Jan–Jun) was 107.9358, compared to 111.6359 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.7001 points.

H1 Avg (Jan–Jun) 107.9358

H2 Avg (Jul–Dec) 111.6359

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 5.3937 MGA (High: 112.7324 / Low: 107.3387). On the other end, November was the most stable month, with a tight range of 0.8599 MGA (High: 113.3125 / Low: 112.4526).

January Spread (Volatile) ±5.3937

November Spread (Stable) ±0.8599

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 1.2796 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -1.2796

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 112.9475) against the same month in 2020 (average: 112.4327), the exchange rate shifted by +0.5148 (+0.46%).

2021 Avg (November) 112.9475

2020 Avg (November) 112.4327

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	112.7324	107.3387	108.9524
February	108.8481	106.1178	107.6728
March	108.7754	106.7697	107.7913
April	109.2028	107.0293	108.3289
May	108.6839	106.1103	107.1679
June	110.1415	106.1969	107.7014
July	112.0629	107.4697	109.5761
August	111.7629	107.9298	110.7731
September	113.0274	110.8665	111.8117
October	112.9804	111.0717	112.4159
November	113.3125	112.4526	112.9475
December	113.1560	110.3170	112.2911