YEARLY HIGH
2959.1217 MGA
YEARLY LOW
2566.6344 MGA
YEARLY AVERAGE
2763.3280 MGA

2020 BND to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BND to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 2959.1217. Conversely, the yearly low was recorded on March 16, dropping to 2566.6344.

This high-to-low spread represents a total annual volatility of 392.4873 MGA. From a start-to-finish perspective, comparing the January average rate of 2724.9110 to the December average rate of 2865.7964, the exchange rate registered a net change of 5.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2959.1217 was up 5.71% compared to the 2019 peak of 2799.3441, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,795,608 MGA
2019 Average 13,245,214 MGA
Yearly Trough Low 12,833,172 MGA
Transaction Impact: A difference of 1,962,436.49 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2938.1649
2601.4301
JanuMarcMayJulySeptNove

BND 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 2684.1589, compared to 2842.4972 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 158.3383 points.

H1 Avg (Jan–Jun) 2684.1589
H2 Avg (Jul–Dec) 2842.4972

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 167.7092 MGA (High: 2942.2425 / Low: 2774.5334). On the other end, May was the most stable month, with a tight range of 27.2027 MGA (High: 2703.3825 / Low: 2676.1798).

December Spread (Volatile) ±167.7092
May Spread (Stable) ±27.2027

Growth Streaks & Declines

Trends

Between March and November, 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 58.4555 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -58.4555

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 2910.1037) against the same month in 2019 (average: 2711.1563), the exchange rate shifted by +198.9474 (+7.34%).

2020 Avg (November) 2910.1037
2019 Avg (November) 2711.1563

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2764.7950 2654.8822 2724.9110
February 2693.9646 2652.8356 2666.4555
March 2684.0118 2566.6344 2629.4913
April 2701.7173 2611.5188 2649.6646
May 2703.3825 2676.1798 2688.1146
June 2781.3774 2686.2117 2746.3162
July 2785.3966 2753.6569 2768.5646
August 2833.4564 2763.2368 2801.7723
September 2850.9084 2812.0934 2827.2311
October 2908.6800 2856.8808 2881.5152
November 2959.1217 2829.1978 2910.1037
December 2942.2425 2774.5334 2865.7964