YEARLY HIGH
512.4902 MGA
YEARLY LOW
478.5590 MGA
YEARLY AVERAGE
495.6874 MGA

2021 HKD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HKD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 512.4902. Conversely, the yearly low was recorded on February 8, dropping to 478.5590.

This high-to-low spread represents a total annual volatility of 33.9312 MGA. From a start-to-finish perspective, comparing the January average rate of 491.1412 to the December average rate of 508.6957, the exchange rate registered a net change of 3.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 512.4902 was down 0.05% compared to the 2020 peak of 512.7213, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 12,812,254 MGA
2020 Average 12,279,876 MGA
Yearly Trough Low 11,963,975 MGA
Transaction Impact: A difference of 848,279.25 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

513.3642
481.6449
JanuMarcMayJulySeptNove

HKD 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 486.9057, compared to 504.4691 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 17.5634 points.

H1 Avg (Jan–Jun) 486.9057
H2 Avg (Jul–Dec) 504.4691

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 22.2419 MGA (High: 507.0646 / Low: 484.8227). On the other end, November was the most stable month, with a tight range of 3.5716 MGA (High: 512.4902 / Low: 508.9186).

January Spread (Volatile) ±22.2419
November Spread (Stable) ±3.5716

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 5.8739 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -5.8739

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 510.7209) against the same month in 2020 (average: 505.8281), the exchange rate shifted by +4.8928 (+0.97%).

2021 Avg (November) 510.7209
2020 Avg (November) 505.8281

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 507.0646 484.8227 491.1412
February 488.7160 478.5590 485.2673
March 489.3435 480.9534 485.9881
April 490.0505 484.7863 487.7202
May 491.3387 482.7514 484.2882
June 497.4829 483.2462 487.0291
July 505.3369 484.4345 494.0438
August 503.9831 487.3076 499.8312
September 510.1927 501.1659 504.9880
October 511.3495 502.6142 508.5348
November 512.4902 508.9186 510.7209
December 511.4030 500.9619 508.6957