YEARLY HIGH
5.0750 MGA
YEARLY LOW
4.6631 MGA
YEARLY AVERAGE
4.8198 MGA

2021 MWK to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MWK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 5.0750. Conversely, the yearly low was recorded on July 12, dropping to 4.6631.

This high-to-low spread represents a total annual volatility of 0.4119 MGA. From a start-to-finish perspective, comparing the January average rate of 4.9256 to the December average rate of 4.8669, the exchange rate registered a net change of -1.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 5.0750 was down 3.57% compared to the 2020 peak of 5.2627, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 25,375 MGA
2020 Average 25,599 MGA
Yearly Trough Low 23,316 MGA
Transaction Impact: A difference of 2,059.61 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

4.9452
4.7096
JanuMarcMayJulySeptNove

MWK 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 4.8120, compared to 4.8276 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0156 points.

H1 Avg (Jan–Jun) 4.8120
H2 Avg (Jul–Dec) 4.8276

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.2454 MGA (High: 4.9085 / Low: 4.6631). On the other end, November was the most stable month, with a tight range of 0.0357 MGA (High: 4.8934 / Low: 4.8577).

July Spread (Volatile) ±0.2454
November Spread (Stable) ±0.0357

Growth Streaks & Declines

Trends

Between June and November, 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 January and February, when the average rate fell by 0.0895 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0895

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 4.9256) against the same month in 2020 (average: 4.9997), the exchange rate shifted by -0.0741 (-1.48%).

2021 Avg (January) 4.9256
2020 Avg (January) 4.9997

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5.0750 4.8503 4.9256
February 4.9146 4.7564 4.8361
March 4.8657 4.7806 4.8219
April 4.8606 4.7555 4.8159
May 4.8160 4.7048 4.7432
June 4.8265 4.6956 4.7292
July 4.9085 4.6631 4.7526
August 4.8350 4.6879 4.7890
September 4.8706 4.7968 4.8311
October 4.8773 4.7859 4.8489
November 4.8934 4.8577 4.8772
December 4.9011 4.7956 4.8669