YEARLY HIGH
0.0962 MRO
YEARLY LOW
0.0003 MRO
YEARLY AVERAGE
0.0905 MRO

2021 MGA to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MGA to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on February 8, valuing the pair at 0.0962. Conversely, the yearly low was recorded on December 27, dropping to 0.0003.

This high-to-low spread represents a total annual volatility of 0.0960 MRO. From a start-to-finish perspective, comparing the January average rate of 0.0938 to the December average rate of 0.0639, the exchange rate registered a net change of -31.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0962 was down 2.43% compared to the 2020 peak of 0.0986, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 481 MRO
2020 Average 469 MRO
Yearly Trough Low 1 MRO
Transaction Impact: A difference of 479.88 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0980
0.0608
JanuMarcMayJulySeptNove

MGA to MRO 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 0.0945, compared to 0.0866 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0079 points.

H1 Avg (Jan–Jun) 0.0945
H2 Avg (Jul–Dec) 0.0866

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0911 MRO (High: 0.0913 / Low: 0.0003). On the other end, November was the most stable month, with a tight range of 0.0006 MRO (High: 0.0900 / Low: 0.0894).

December Spread (Volatile) ±0.0911
November Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0258 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0258

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.0949) against the same month in 2020 (average: 0.0964), the exchange rate shifted by -0.0015 (-1.55%).

2021 Avg (February) 0.0949
2020 Avg (February) 0.0964

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0950 0.0908 0.0938
February 0.0962 0.0942 0.0949
March 0.0957 0.0938 0.0946
April 0.0949 0.0937 0.0942
May 0.0953 0.0935 0.0949
June 0.0952 0.0924 0.0944
July 0.0949 0.0910 0.0930
August 0.0942 0.0910 0.0918
September 0.0915 0.0899 0.0909
October 0.0912 0.0898 0.0902
November 0.0900 0.0894 0.0897
December 0.0913 0.0003 0.0639