2021 NZD to MGA Historical Review

YEARLY HIGH

2860.2986 MGA

YEARLY LOW

2603.5869 MGA

YEARLY AVERAGE

2724.5460 MGA

2021 NZD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NZD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 2860.2986. Conversely, the yearly low was recorded on June 19, dropping to 2603.5869.

This high-to-low spread represents a total annual volatility of 256.7117 MGA. From a start-to-finish perspective, comparing the January average rate of 2735.9915 to the December average rate of 2692.0076, the exchange rate registered a net change of -1.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2860.2986 was up 2.60% compared to the 2020 peak of 2787.7686, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,301,493 MGA

2020 Average 12,397,714 MGA

Yearly Trough Low 13,017,935 MGA

Transaction Impact: A difference of 1,283,558.55 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2802.7271

2671.7563

JanuMarcMayJulySeptNove

NZD 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 2708.7527, compared to 2740.3393 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 31.5867 points.

H1 Avg (Jan–Jun) 2708.7527

H2 Avg (Jul–Dec) 2740.3393

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 154.7641 MGA (High: 2758.3510 / Low: 2603.5869). On the other end, May was the most stable month, with a tight range of 53.9642 MGA (High: 2742.3874 / Low: 2688.4232).

June Spread (Volatile) ±154.7641

May Spread (Stable) ±53.9642

Growth Streaks & Declines

Trends

Between July and October, 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 November and December, when the average rate fell by 96.1457 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -96.1457

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 2791.8129) against the same month in 2020 (average: 2600.4363), the exchange rate shifted by +191.3766 (+7.36%).

2021 Avg (October) 2791.8129

2020 Avg (October) 2600.4363

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2820.2162	2680.1298	2735.9915
February	2791.1256	2676.1148	2726.1111
March	2740.9278	2637.8710	2691.3388
April	2761.6729	2662.7225	2698.6408
May	2742.3874	2688.4232	2717.1991
June	2758.3510	2603.5869	2683.2348
July	2756.7015	2618.3808	2682.6706
August	2761.0846	2656.9361	2714.0870
September	2806.3150	2728.9034	2773.3047
October	2860.2986	2711.9290	2791.8129
November	2850.1597	2717.6489	2788.1533
December	2716.9289	2660.6317	2692.0076