YEARLY HIGH
53.7868 MGA
YEARLY LOW
50.1065 MGA
YEARLY AVERAGE
52.1201 MGA

2021 INR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the INR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 53.7868. Conversely, the yearly low was recorded on April 21, dropping to 50.1065.

This high-to-low spread represents a total annual volatility of 3.6804 MGA. From a start-to-finish perspective, comparing the January average rate of 52.0844 to the December average rate of 52.6119, the exchange rate registered a net change of 1.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 53.7868 was up 0.32% compared to the 2020 peak of 53.6147, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 13,446,702 MGA
2020 Average 12,851,058 MGA
Yearly Trough Low 12,526,614 MGA
Transaction Impact: A difference of 920,088.00 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

53.6751
50.6324
JanuMarcMayJulySeptNove

INR 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 51.5354, compared to 52.7048 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1694 points.

H1 Avg (Jan–Jun) 51.5354
H2 Avg (Jul–Dec) 52.7048

Volatility Range Comparison

Volatility

The most volatile month in 2021 was August, with a trading range of 2.5766 MGA (High: 53.6437 / Low: 51.0670). On the other end, November was the most stable month, with a tight range of 0.6897 MGA (High: 53.7503 / Low: 53.0606).

August Spread (Volatile) ±2.5766
November Spread (Stable) ±0.6897

Growth Streaks & Declines

Trends

Between June and September, 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 March and April, when the average rate fell by 0.9630 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.9630

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 52.0844) against the same month in 2020 (average: 51.6500), the exchange rate shifted by +0.4344 (+0.84%).

2021 Avg (January) 52.0844
2020 Avg (January) 51.6500

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 53.7868 51.3024 52.0844
February 52.0964 50.5033 51.6612
March 52.4044 51.0292 51.8490
April 51.8392 50.1065 50.8860
May 51.8258 50.9478 51.3811
June 52.7676 50.6311 51.3507
July 52.6072 50.4734 51.5101
August 53.6437 51.0670 52.4955
September 53.7567 52.9521 53.3843
October 53.3219 51.9547 52.8058
November 53.7503 53.0606 53.4215
December 53.3260 51.8023 52.6119