2021 ZAR to MGA Historical Review

YEARLY HIGH

280.7328 MGA

YEARLY LOW

242.9763 MGA

YEARLY AVERAGE

260.7972 MGA

2021 ZAR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 280.7328. Conversely, the yearly low was recorded on March 8, dropping to 242.9763.

This high-to-low spread represents a total annual volatility of 37.7565 MGA. From a start-to-finish perspective, comparing the January average rate of 251.9643 to the December average rate of 249.8648, the exchange rate registered a net change of -0.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 280.7328 was up 4.68% compared to the 2020 peak of 268.1869, 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 14,036,640 MGA

2020 Average 11,633,507 MGA

Yearly Trough Low 12,148,816 MGA

Transaction Impact: A difference of 1,887,823.70 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

273.7636

247.6921

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 260.0862, compared to 261.5081 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4219 points.

H1 Avg (Jan–Jun) 260.0862

H2 Avg (Jul–Dec) 261.5081

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 24.0178 MGA (High: 268.1243 / Low: 244.1065). On the other end, April was the most stable month, with a tight range of 9.1506 MGA (High: 267.6664 / Low: 258.5158).

January Spread (Volatile) ±24.0178

April Spread (Stable) ±9.1506

Growth Streaks & Declines

Trends

Between March and June, 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 October and November, when the average rate fell by 10.0914 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -10.0914

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 271.5910) against the same month in 2020 (average: 223.4960), the exchange rate shifted by +48.0950 (+21.52%).

2021 Avg (June) 271.5910

2020 Avg (June) 223.4960

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	268.1243	244.1065	251.9643
February	260.0109	247.3133	254.7869
March	258.1425	242.9763	251.8680
April	267.6664	258.5158	262.7177
May	273.5461	260.4310	267.5895
June	280.7328	261.5552	271.5910
July	274.4535	255.8446	264.6802
August	269.6752	254.2422	263.0416
September	276.6087	261.7296	269.6107
October	274.3527	259.8850	265.9714
November	266.0695	244.8699	255.8801
December	256.0393	246.3552	249.8648