2021 VEF to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 VEF to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the VEF to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 3992.6316. Conversely, the yearly low was recorded on January 3, dropping to 0.0156.
This high-to-low spread represents a total annual volatility of 3992.6160 MGA. From a start-to-finish perspective, comparing the January average rate of 3428.9422 to the December average rate of 3967.3786, the exchange rate registered a net change of 15.70% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 3992.6316 was up 24958884.02% compared to the 2020 peak of 0.0160, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 VEF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
VEF 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 3715.9021, compared to 3926.7752 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 210.8731 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was January, with a trading range of 3905.0184 MGA (High: 3905.0340 / Low: 0.0156). On the other end, November was the most stable month, with a tight range of 27.6316 MGA (High: 3992.6316 / Low: 3965.0000).
Growth Streaks & Declines
TrendsBetween May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 28.8300 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2021: 3978.8639) against the same month in 2020 (average: 0.0158), the exchange rate shifted by +3978.8482 (+25212033.38%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3905.0340 | 0.0156 | 3428.9422 |
| February | 3788.9078 | 3710.0000 | 3762.4320 |
| March | 3804.8661 | 3731.9403 | 3773.7396 |
| April | 3811.6873 | 3761.8136 | 3789.4851 |
| May | 3816.2522 | 3746.4165 | 3760.6551 |
| June | 3861.5866 | 3749.0000 | 3780.1584 |
| July | 3924.9312 | 3762.3844 | 3838.5657 |
| August | 3922.8761 | 3789.9229 | 3890.5760 |
| September | 3971.3404 | 3899.7974 | 3928.9550 |
| October | 3976.3814 | 3912.5000 | 3956.3119 |
| November | 3992.6316 | 3965.0000 | 3978.8639 |
| December | 3988.0994 | 3906.9270 | 3967.3786 |