2013 ZAR to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2013.
2013 ZAR to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2013
During 2013, the ZAR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 267.6083. Conversely, the yearly low was recorded on August 27, dropping to 209.5136.
This high-to-low spread represents a total annual volatility of 58.0948 MGA. From a start-to-finish perspective, comparing the January average rate of 254.9574 to the December average rate of 217.4321, the exchange rate registered a net change of -14.72% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2013 high of 267.6083 was down 7.29% compared to the 2012 peak of 288.6584, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 ZAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2013.
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 240.1311, compared to 220.4591 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 19.6720 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2013 was January, with a trading range of 24.3891 MGA (High: 267.6083 / Low: 243.2192). On the other end, March was the most stable month, with a tight range of 5.7380 MGA (High: 245.0749 / Low: 239.3369).
Growth Streaks & Declines
TrendsBetween August and October, 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 May and June, when the average rate fell by 17.8733 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2013: 254.9574) against the same month in 2012 (average: 277.3003), the exchange rate shifted by -22.3429 (-8.06%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 267.6083 | 243.2192 | 254.9574 |
| February | 251.2572 | 245.4377 | 247.9229 |
| March | 245.0749 | 239.3369 | 242.1795 |
| April | 249.0963 | 235.9188 | 242.0193 |
| May | 243.9801 | 219.9449 | 235.7904 |
| June | 223.1521 | 213.5713 | 217.9171 |
| July | 225.6374 | 216.3297 | 221.8579 |
| August | 223.3767 | 209.5136 | 217.2528 |
| September | 229.5541 | 213.6137 | 221.8071 |
| October | 228.4939 | 219.4872 | 224.8883 |
| November | 224.3285 | 214.4918 | 219.5167 |
| December | 221.2583 | 213.7686 | 217.4321 |