YEARLY HIGH
626.3375 MGA
YEARLY LOW
574.6428 MGA
YEARLY AVERAGE
597.2500 MGA

2021 CNY to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CNY to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 626.3375. Conversely, the yearly low was recorded on February 28, dropping to 574.6428.

This high-to-low spread represents a total annual volatility of 51.6947 MGA. From a start-to-finish perspective, comparing the January average rate of 588.1046 to the December average rate of 622.8053, the exchange rate registered a net change of 5.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 626.3375 was up 3.31% compared to the 2020 peak of 606.2593, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,658,438 MGA
2020 Average 13,814,202 MGA
Yearly Trough Low 14,366,070 MGA
Transaction Impact: A difference of 1,292,367.89 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

627.1374
575.1523
JanuMarcMayJulySeptNove

CNY 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 583.9427, compared to 610.5572 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 26.6145 points.

H1 Avg (Jan–Jun) 583.9427
H2 Avg (Jul–Dec) 610.5572

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 24.7740 MGA (High: 605.7834 / Low: 581.0094). On the other end, March was the most stable month, with a tight range of 6.2061 MGA (High: 582.4898 / Low: 576.2837).

July Spread (Volatile) ±24.7740
March Spread (Stable) ±6.2061

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 6.1289 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -6.1289

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 622.6966) against the same month in 2020 (average: 593.9449), the exchange rate shifted by +28.7517 (+4.84%).

2021 Avg (November) 622.6966
2020 Avg (November) 593.9449

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 604.3447 580.0210 588.1046
February 586.6832 574.6428 581.9758
March 582.4898 576.2837 579.4844
April 586.3226 576.7179 580.8976
May 589.4281 581.4554 584.9145
June 603.4955 581.7359 588.2792
July 605.7834 581.0094 592.7095
August 606.5937 585.7505 600.5361
September 614.6993 603.5229 608.4490
October 622.9643 607.2199 616.1468
November 626.3375 619.8411 622.6966
December 625.8253 613.3034 622.8053