YEARLY HIGH
324.4706 MGA
YEARLY LOW
241.6084 MGA
YEARLY AVERAGE
279.4527 MGA

2011 ZAR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ZAR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 324.4706. Conversely, the yearly low was recorded on September 25, dropping to 241.6084.

This high-to-low spread represents a total annual volatility of 82.8622 MGA. From a start-to-finish perspective, comparing the January average rate of 302.2023 to the December average rate of 261.6045, the exchange rate registered a net change of -13.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 324.4706 was up 0.94% compared to the 2010 peak of 321.4634, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16,223,532 MGA
2010 Average 14,323,128 MGA
Yearly Trough Low 12,080,420 MGA
Transaction Impact: A difference of 4,143,111.24 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

306.5327
254.5687
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 289.7037, compared to 269.2017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 20.5021 points.

H1 Avg (Jan–Jun) 289.7037
H2 Avg (Jul–Dec) 269.2017

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 40.2440 MGA (High: 281.8524 / Low: 241.6084). On the other end, June was the most stable month, with a tight range of 8.3760 MGA (High: 290.1417 / Low: 281.7657).

September Spread (Volatile) ±40.2440
June Spread (Stable) ±8.3760

Growth Streaks & Declines

Trends

Between February and April, 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 January and February, when the average rate fell by 20.9554 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -20.9554

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 302.2023) against the same month in 2010 (average: 271.5313), the exchange rate shifted by +30.6710 (+11.30%).

2011 Avg (January) 302.2023
2010 Avg (January) 271.5313

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 324.4706 286.1664 302.2023
February 287.9508 277.5030 281.2469
March 295.6523 283.4269 289.9606
April 298.3920 284.6094 293.0546
May 295.5609 280.4335 286.0401
June 290.1417 281.7657 285.7180
July 296.4317 283.3171 288.6503
August 294.7469 269.2763 276.4111
September 281.8524 241.6084 266.5320
October 271.2517 242.1482 263.1130
November 269.3654 246.3341 258.8990
December 276.0250 253.7287 261.6045