YEARLY HIGH
2455.6132 MGA
YEARLY LOW
2258.8643 MGA
YEARLY AVERAGE
2330.0077 MGA

2021 BAM to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BAM to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 2455.6132. Conversely, the yearly low was recorded on December 22, dropping to 2258.8643.

This high-to-low spread represents a total annual volatility of 196.7489 MGA. From a start-to-finish perspective, comparing the January average rate of 2370.1336 to the December average rate of 2292.7780, the exchange rate registered a net change of -3.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2455.6132 was up 0.78% compared to the 2020 peak of 2436.5066, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,278,066 MGA
2020 Average 11,121,135 MGA
Yearly Trough Low 11,294,322 MGA
Transaction Impact: A difference of 983,744.36 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2377.8692
2285.0424
JanuMarcMayJulySeptNove

BAM 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 2328.1935, compared to 2331.8219 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.6284 points.

H1 Avg (Jan–Jun) 2328.1935
H2 Avg (Jul–Dec) 2331.8219

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 126.0988 MGA (High: 2455.6132 / Low: 2329.5144). On the other end, March was the most stable month, with a tight range of 38.7377 MGA (High: 2316.9466 / Low: 2278.2089).

January Spread (Volatile) ±126.0988
March Spread (Stable) ±38.7377

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 44.5430 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -44.5430

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 2370.1336) against the same month in 2020 (average: 2089.7155), the exchange rate shifted by +280.4181 (+13.42%).

2021 Avg (January) 2370.1336
2020 Avg (January) 2089.7155

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2455.6132 2329.5144 2370.1336
February 2341.2875 2281.8005 2325.5906
March 2316.9466 2278.2089 2295.8609
April 2346.3404 2275.6654 2313.7309
May 2351.1448 2310.1847 2334.8380
June 2392.5953 2289.1109 2329.0069
July 2376.0936 2279.2881 2322.2272
August 2371.0904 2287.9153 2341.3587
September 2383.9699 2344.1236 2366.3823
October 2367.8301 2312.7965 2347.6063
November 2354.0697 2284.4893 2320.5786
December 2309.6175 2258.8643 2292.7780