2010 ZAR to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2010.
2010 ZAR to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2010
During 2010, the ZAR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 321.4634. Conversely, the yearly low was recorded on January 3, dropping to 265.1075.
This high-to-low spread represents a total annual volatility of 56.3558 MGA. From a start-to-finish perspective, comparing the January average rate of 271.5313 to the December average rate of 309.1414, the exchange rate registered a net change of 13.85% (reflecting a strengthening trend).
Comparing the value generated converting 50,000 ZAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2010.
ZAR 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 280.4297, compared to 292.3461 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.9163 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2010 was December, with a trading range of 34.2180 MGA (High: 321.4634 / Low: 287.2454). On the other end, February was the most stable month, with a tight range of 8.9569 MGA (High: 283.9408 / Low: 274.9839).
Growth Streaks & Declines
TrendsBetween May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 12.6948 points.
Same-Month Historical Baseline
YoY BaselineHistorical data for the previous year (2009) is currently unavailable. Strongest month average for December 2010 is 309.1414.
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 278.4814 | 265.1075 | 271.5313 |
| February | 283.9408 | 274.9839 | 280.1463 |
| March | 296.6731 | 283.1986 | 289.5772 |
| April | 293.4878 | 271.5380 | 282.8755 |
| May | 280.8954 | 265.8088 | 272.5780 |
| June | 295.6247 | 274.8143 | 285.8701 |
| July | 299.3334 | 284.5151 | 292.2179 |
| August | 301.7177 | 274.4077 | 295.4514 |
| September | 288.9075 | 277.1758 | 282.7566 |
| October | 293.7493 | 283.5262 | 288.9879 |
| November | 291.4758 | 279.1724 | 285.5211 |
| December | 321.4634 | 287.2454 | 309.1414 |