2020 BIF to MGA Historical Review

YEARLY HIGH

2.0517 MGA

YEARLY LOW

1.9126 MGA

YEARLY AVERAGE

1.9900 MGA

2020 BIF to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BIF to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 2.0517. Conversely, the yearly low was recorded on December 2, dropping to 1.9126.

This high-to-low spread represents a total annual volatility of 0.1391 MGA. From a start-to-finish perspective, comparing the January average rate of 1.9530 to the December average rate of 1.9657, the exchange rate registered a net change of 0.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.0517 was up 0.52% compared to the 2019 peak of 2.0412, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,259 MGA

2019 Average 9,862 MGA

Yearly Trough Low 9,563 MGA

Transaction Impact: A difference of 695.66 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.0317

1.9459

JanuMarcMayJulySeptNove

BIF 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 1.9801, compared to 1.9998 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0197 points.

H1 Avg (Jan–Jun) 1.9801

H2 Avg (Jul–Dec) 1.9998

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.1019 MGA (High: 2.0145 / Low: 1.9126). On the other end, May was the most stable month, with a tight range of 0.0275 MGA (High: 2.0199 / Low: 1.9924).

December Spread (Volatile) ±0.1019

May Spread (Stable) ±0.0275

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0566 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0566

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2020: 2.0246) against the same month in 2019 (average: 1.9840), the exchange rate shifted by +0.0406 (+2.04%).

2020 Avg (October) 2.0246

2019 Avg (October) 1.9840

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9784	1.9170	1.9530
February	1.9777	1.9170	1.9619
March	1.9915	1.9222	1.9680
April	2.0081	1.9654	1.9903
May	2.0199	1.9924	2.0013
June	2.0297	1.9574	2.0061
July	2.0157	1.9725	1.9978
August	1.9970	1.9663	1.9896
September	2.0157	1.9852	1.9988
October	2.0517	2.0129	2.0246
November	2.0490	1.9481	2.0223
December	2.0145	1.9126	1.9657