2021 GEL to MGA Historical Review

YEARLY HIGH

1292.9665 MGA

YEARLY LOW

1089.9191 MGA

YEARLY AVERAGE

1199.8065 MGA

2021 GEL to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 1292.9665. Conversely, the yearly low was recorded on May 8, dropping to 1089.9191.

This high-to-low spread represents a total annual volatility of 203.0474 MGA. From a start-to-finish perspective, comparing the January average rate of 1152.9135 to the December average rate of 1281.0124, the exchange rate registered a net change of 11.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1292.9665 was down 3.38% compared to the 2020 peak of 1338.1295, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,464,833 MGA

2020 Average 6,130,133 MGA

Yearly Trough Low 5,449,596 MGA

Transaction Impact: A difference of 1,015,237.14 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1298.7854

1085.5084

JanuMarcMayJulySeptNove

GEL 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 1139.3863, compared to 1260.2267 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 120.8404 points.

H1 Avg (Jan–Jun) 1139.3863

H2 Avg (Jul–Dec) 1260.2267

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 70.1760 MGA (High: 1222.0211 / Low: 1151.8450). On the other end, October was the most stable month, with a tight range of 19.3638 MGA (High: 1271.3638 / Low: 1252.0000).

June Spread (Volatile) ±70.1760

October Spread (Stable) ±19.3638

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 27.8017 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -27.8017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 1281.0124) against the same month in 2020 (average: 1159.1757), the exchange rate shifted by +121.8367 (+10.51%).

2021 Avg (December) 1281.0124

2020 Avg (December) 1159.1757

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1196.7728	1136.7894	1152.9135
February	1147.7806	1115.7895	1135.3052
March	1140.2786	1115.7965	1131.0832
April	1120.1144	1090.3807	1103.2815
May	1151.5706	1089.9191	1115.1433
June	1222.0211	1151.8450	1198.5910
July	1253.0105	1196.3067	1229.7895
August	1270.3194	1229.5345	1254.7408
September	1276.9583	1253.9542	1264.2981
October	1271.3638	1252.0000	1262.7714
November	1288.5715	1254.5124	1268.7480
December	1292.9665	1267.1782	1281.0124

2021 GEL నుండి MGA చారిత్రక సమీక్ష