2020 BMD to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 BMD to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the BMD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 3975.0000. Conversely, the yearly low was recorded on January 4, dropping to 3620.0000.
This high-to-low spread represents a total annual volatility of 355.0000 MGA. From a start-to-finish perspective, comparing the January average rate of 3680.8978 to the December average rate of 3818.3553, 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 3975.0000 was up 5.13% compared to the 2019 peak of 3780.9453, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
BMD 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 3752.8080, compared to 3866.5142 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 113.7062 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was November, with a trading range of 191.5619 MGA (High: 3975.0000 / Low: 3783.4381). On the other end, May was the most stable month, with a tight range of 50.3720 MGA (High: 3826.5514 / Low: 3776.1794).
Growth Streaks & Declines
TrendsBetween 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 103.1634 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2020: 3921.5187) against the same month in 2019 (average: 3690.4059), the exchange rate shifted by +231.1128 (+6.26%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3722.3679 | 3620.0000 | 3680.8978 |
| February | 3733.2893 | 3625.0000 | 3704.1837 |
| March | 3769.7729 | 3645.0058 | 3722.4448 |
| April | 3823.4054 | 3750.0000 | 3773.7717 |
| May | 3826.5514 | 3776.1794 | 3809.2598 |
| June | 3872.3643 | 3742.5000 | 3826.2904 |
| July | 3872.0619 | 3802.0000 | 3844.1730 |
| August | 3854.5543 | 3789.0000 | 3837.1458 |
| September | 3895.4049 | 3833.5523 | 3860.6713 |
| October | 3974.0131 | 3889.6206 | 3917.2214 |
| November | 3975.0000 | 3783.4381 | 3921.5187 |
| December | 3909.2312 | 3720.0000 | 3818.3553 |