YEARLY HIGH
2966.0123 MGA
YEARLY LOW
2777.2829 MGA
YEARLY AVERAGE
2867.4930 MGA

2021 BND to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BND to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 2966.0123. Conversely, the yearly low was recorded on February 8, dropping to 2777.2829.

This high-to-low spread represents a total annual volatility of 188.7294 MGA. From a start-to-finish perspective, comparing the January average rate of 2870.0621 to the December average rate of 2910.1562, the exchange rate registered a net change of 1.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2966.0123 was up 0.23% compared to the 2020 peak of 2959.1217, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,830,061 MGA
2020 Average 13,818,194 MGA
Yearly Trough Low 13,886,414 MGA
Transaction Impact: A difference of 943,647.13 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2942.4998
2800.0849
JanuMarcMayJulySeptNove

BND 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 2836.2580, compared to 2898.7279 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 62.4699 points.

H1 Avg (Jan–Jun) 2836.2580
H2 Avg (Jul–Dec) 2898.7279

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 136.8546 MGA (High: 2966.0123 / Low: 2829.1577). On the other end, March was the most stable month, with a tight range of 27.0636 MGA (High: 2825.1747 / Low: 2798.1111).

January Spread (Volatile) ±136.8546
March Spread (Stable) ±27.0636

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 35.8586 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -35.8586

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 2870.0621) against the same month in 2020 (average: 2724.9110), the exchange rate shifted by +145.1511 (+5.33%).

2021 Avg (January) 2870.0621
2020 Avg (January) 2724.9110

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2966.0123 2829.1577 2870.0621
February 2852.0649 2777.2829 2834.2036
March 2825.1747 2798.1111 2811.9528
April 2864.5800 2814.3098 2837.8225
May 2858.9071 2811.5940 2828.6330
June 2910.1419 2798.0847 2834.8741
July 2918.2383 2781.8637 2835.2441
August 2916.7335 2806.6206 2871.3879
September 2932.7793 2903.5054 2916.1615
October 2955.3385 2885.0287 2928.7858
November 2951.7593 2908.2857 2930.6319
December 2936.7477 2864.5242 2910.1562