2020 BGN to MGA Historical Review

YEARLY HIGH

2434.9526 MGA

YEARLY LOW

2042.7139 MGA

YEARLY AVERAGE

2224.3273 MGA

2020 BGN to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BGN to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 2434.9526. Conversely, the yearly low was recorded on January 28, dropping to 2042.7139.

This high-to-low spread represents a total annual volatility of 392.2387 MGA. From a start-to-finish perspective, comparing the January average rate of 2089.6167 to the December average rate of 2376.0042, the exchange rate registered a net change of 13.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2434.9526 was up 14.34% compared to the 2019 peak of 2129.6085, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,174,763 MGA

2019 Average 10,394,999 MGA

Yearly Trough Low 10,213,569 MGA

Transaction Impact: A difference of 1,961,193.67 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2406.7945

2037.3108

JanuMarcMayJulySeptNove

BGN 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 2114.1815, compared to 2334.4730 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 220.2914 points.

H1 Avg (Jan–Jun) 2114.1815

H2 Avg (Jul–Dec) 2334.4730

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 130.7552 MGA (High: 2434.9526 / Low: 2304.1974). On the other end, September was the most stable month, with a tight range of 38.2526 MGA (High: 2340.0049 / Low: 2301.7523).

December Spread (Volatile) ±130.7552

September Spread (Stable) ±38.2526

Growth Streaks & Declines

Trends

Between 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 January and February, when the average rate fell by 21.5156 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -21.5156

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2376.0042) against the same month in 2019 (average: 2048.2510), the exchange rate shifted by +327.7532 (+16.00%).

2020 Avg (December) 2376.0042

2019 Avg (December) 2048.2510

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2127.3700	2042.7139	2089.6167
February	2100.8099	2051.8012	2068.1011
March	2143.2672	2050.3987	2104.0000
April	2126.8561	2073.6448	2096.9307
May	2160.0260	2097.9731	2124.9123
June	2238.0412	2159.6409	2201.5286
July	2320.5146	2212.4517	2252.1255
August	2350.3303	2283.3004	2321.1330
September	2340.0049	2301.7523	2325.5600
October	2386.6060	2334.6802	2357.2222
November	2411.0636	2308.7285	2374.7930
December	2434.9526	2304.1974	2376.0042