2010 TRY to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2010.
2010 TRY to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2010
During 2010, the TRY to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 1461.2309. Conversely, the yearly low was recorded on January 3, dropping to 1304.4019.
This high-to-low spread represents a total annual volatility of 156.8290 MGA. From a start-to-finish perspective, comparing the January average rate of 1373.1495 to the December average rate of 1383.4711, the exchange rate registered a net change of 0.75% (reflecting a strengthening trend).
Comparing the value generated converting 50,000 TRY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2010.
TRY to MGA Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1384.3185, compared to 1395.1020 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.7835 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2010 was August, with a trading range of 131.5290 MGA (High: 1461.2309 / Low: 1329.7019). On the other end, February was the most stable month, with a tight range of 34.8934 MGA (High: 1429.0003 / Low: 1394.1069).
Growth Streaks & Declines
TrendsBetween May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 79.0705 points.
Same-Month Historical Baseline
YoY BaselineHistorical data for the previous year (2009) is currently unavailable. Strongest month average for August 2010 is 1427.1582.
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1416.4226 | 1304.4019 | 1373.1495 |
| February | 1429.0003 | 1394.1069 | 1415.2553 |
| March | 1435.4761 | 1364.3355 | 1398.0972 |
| April | 1425.8342 | 1356.6513 | 1391.8631 |
| May | 1385.4957 | 1319.6940 | 1342.7114 |
| June | 1427.0288 | 1337.4381 | 1384.8346 |
| July | 1451.1945 | 1413.3815 | 1430.1190 |
| August | 1461.2309 | 1329.7019 | 1427.1582 |
| September | 1384.9111 | 1323.6811 | 1348.0877 |
| October | 1422.5197 | 1385.0958 | 1402.0357 |
| November | 1414.3349 | 1336.7617 | 1379.7401 |
| December | 1409.2197 | 1348.4322 | 1383.4711 |