2020 ALL to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 ALL to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the ALL to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 44.1418. Conversely, the yearly low was recorded on May 10, dropping to 29.8465.
This high-to-low spread represents a total annual volatility of 14.2953 MGA. From a start-to-finish perspective, comparing the January average rate of 33.4878 to the December average rate of 37.6241, the exchange rate registered a net change of 12.35% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 44.1418 was up 28.96% compared to the 2019 peak of 34.2281, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ALL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
ALL 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 33.4296, compared to 36.8933 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.4637 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was July, with a trading range of 9.3454 MGA (High: 44.1418 / Low: 34.7964). On the other end, September was the most stable month, with a tight range of 0.5619 MGA (High: 37.0068 / Low: 36.4449).
Growth Streaks & Declines
TrendsBetween April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.5057 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2020: 35.7488) against the same month in 2019 (average: 33.4343), the exchange rate shifted by +2.3145 (+6.92%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 33.9883 | 32.5696 | 33.4878 |
| February | 33.4058 | 32.8364 | 33.0913 |
| March | 34.1531 | 31.7451 | 33.2004 |
| April | 33.7297 | 32.0823 | 32.6947 |
| May | 34.0429 | 29.8465 | 33.4544 |
| June | 35.0721 | 34.0316 | 34.6491 |
| July | 44.1418 | 34.7964 | 35.7488 |
| August | 36.9876 | 35.8892 | 36.6048 |
| September | 37.0068 | 36.4449 | 36.6974 |
| October | 37.6384 | 36.8097 | 37.1678 |
| November | 38.1112 | 36.4897 | 37.5173 |
| December | 38.8156 | 36.3636 | 37.6241 |