YEARLY HIGH
2334.8018 MGA
YEARLY LOW
2126.2849 MGA
YEARLY AVERAGE
2237.6864 MGA

2020 AZN to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the AZN to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 2334.8018. Conversely, the yearly low was recorded on January 4, dropping to 2126.2849.

This high-to-low spread represents a total annual volatility of 208.5169 MGA. From a start-to-finish perspective, comparing the January average rate of 2162.0545 to the December average rate of 2242.7931, the exchange rate registered a net change of 3.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2334.8018 was up 5.13% compared to the 2019 peak of 2220.8195, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 AZN based on timing:

Yearly Peak High 11,674,009 MGA
2019 Average 10,669,291 MGA
Yearly Trough Low 10,631,424 MGA
Transaction Impact: A difference of 1,042,584.43 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2317.5217
2147.9211
JanuMarcMayJulySeptNove

AZN 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 2204.2925, compared to 2271.0803 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 66.7878 points.

H1 Avg (Jan–Jun) 2204.2925
H2 Avg (Jul–Dec) 2271.0803

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 112.5180 MGA (High: 2334.8018 / Low: 2222.2838). On the other end, May was the most stable month, with a tight range of 29.5871 MGA (High: 2247.6073 / Low: 2218.0202).

November Spread (Volatile) ±112.5180
May Spread (Stable) ±29.5871

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 60.5953 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -60.5953

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 2303.3884) against the same month in 2019 (average: 2167.6393), the exchange rate shifted by +135.7491 (+6.26%).

2020 Avg (November) 2303.3884
2019 Avg (November) 2167.6393

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2186.4129 2126.2849 2162.0545
February 2192.8278 2129.2217 2175.7320
March 2214.2572 2140.9726 2186.4580
April 2245.7594 2202.6432 2216.6060
May 2247.6073 2218.0202 2237.4507
June 2274.5165 2198.2379 2247.4540
July 2274.3388 2233.1865 2257.9577
August 2264.0554 2225.5507 2253.8301
September 2288.0498 2251.7194 2267.6484
October 2334.2221 2284.6523 2300.8642
November 2334.8018 2222.2838 2303.3884
December 2296.1710 2185.0220 2242.7931