2020 ARS to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 ARS to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the ARS to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 62.2623. Conversely, the yearly low was recorded on December 21, dropping to 45.0091.
This high-to-low spread represents a total annual volatility of 17.2532 MGA. From a start-to-finish perspective, comparing the January average rate of 61.4285 to the December average rate of 46.2484, the exchange rate registered a net change of -24.71% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 62.2623 was down 36.02% compared to the 2019 peak of 97.3221, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ARS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
ARS 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 58.3190, compared to 50.5931 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.7259 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was November, with a trading range of 3.7212 MGA (High: 50.2530 / Low: 46.5318). On the other end, September was the most stable month, with a tight range of 0.7731 MGA (High: 51.8471 / Low: 51.0739).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 2.8600 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2020: 61.4285) against the same month in 2019 (average: 95.2553), the exchange rate shifted by -33.8268 (-35.51%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 62.2623 | 60.1477 | 61.4285 |
| February | 61.1070 | 59.9363 | 60.4574 |
| March | 60.0621 | 57.8018 | 58.9911 |
| April | 58.4122 | 56.8376 | 57.5796 |
| May | 57.6284 | 55.5641 | 56.4062 |
| June | 55.4489 | 54.3124 | 55.0514 |
| July | 54.7497 | 52.5309 | 53.8871 |
| August | 53.0500 | 51.9567 | 52.4081 |
| September | 51.8471 | 51.0739 | 51.3794 |
| October | 51.1762 | 50.1085 | 50.5275 |
| November | 50.2530 | 46.5318 | 49.1083 |
| December | 47.4507 | 45.0091 | 46.2484 |