2021 TRY to MGA Historical Review

YEARLY HIGH

542.2107 MGA

YEARLY LOW

239.2639 MGA

YEARLY AVERAGE

445.6819 MGA

2021 TRY to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 542.2107. Conversely, the yearly low was recorded on December 19, dropping to 239.2639.

This high-to-low spread represents a total annual volatility of 302.9467 MGA. From a start-to-finish perspective, comparing the January average rate of 514.5641 to the December average rate of 298.5845, the exchange rate registered a net change of -41.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 542.2107 was down 14.49% compared to the 2020 peak of 634.0690, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 27,110,533 MGA

2020 Average 27,331,904 MGA

Yearly Trough Low 11,963,197 MGA

Transaction Impact: A difference of 15,147,335.52 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

552.9409

275.4611

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 480.7869, compared to 410.5768 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 70.2101 points.

H1 Avg (Jan–Jun) 480.7869

H2 Avg (Jul–Dec) 410.5768

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 130.9953 MGA (High: 370.2592 / Low: 239.2639). On the other end, May was the most stable month, with a tight range of 22.8941 MGA (High: 460.2378 / Low: 437.3438).

December Spread (Volatile) ±130.9953

May Spread (Stable) ±22.8941

Growth Streaks & Declines

Trends

Between June and August, 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 November and December, when the average rate fell by 73.6844 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -73.6844

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 529.8176) against the same month in 2020 (average: 610.6507), the exchange rate shifted by -80.8331 (-13.24%).

2021 Avg (February) 529.8176

2020 Avg (February) 610.6507

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	528.4706	503.2870	514.5641
February	542.2107	501.4605	529.8176
March	522.2258	456.7941	491.1330
April	471.9795	446.9053	463.1718
May	460.2378	437.3438	448.3130
June	456.1935	429.2670	437.7221
July	458.5087	435.6074	446.6150
August	470.7115	442.7217	458.8658
September	473.3847	442.4430	458.6015
October	446.3897	407.6093	428.5252
November	415.9541	295.1320	372.2689
December	370.2592	239.2639	298.5845