YEARLY HIGH
575.5696 MGA
YEARLY LOW
523.5158 MGA
YEARLY AVERAGE
551.9272 MGA

2020 BOB to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BOB to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 575.5696. Conversely, the yearly low was recorded on January 4, dropping to 523.5158.

This high-to-low spread represents a total annual volatility of 52.0538 MGA. From a start-to-finish perspective, comparing the January average rate of 532.2933 to the December average rate of 553.8675, the exchange rate registered a net change of 4.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 575.5696 was up 5.25% compared to the 2019 peak of 546.8572, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,877,848 MGA
2019 Average 2,628,371 MGA
Yearly Trough Low 2,617,579 MGA
Transaction Impact: A difference of 260,268.95 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

572.1681
528.6684
JanuMarcMayJulySeptNove

BOB 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 543.6505, compared to 560.2038 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.5534 points.

H1 Avg (Jan–Jun) 543.6505
H2 Avg (Jul–Dec) 560.2038

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 26.9294 MGA (High: 575.5453 / Low: 548.6159). On the other end, May was the most stable month, with a tight range of 4.8331 MGA (High: 555.0769 / Low: 550.2438).

November Spread (Volatile) ±26.9294
May Spread (Stable) ±4.8331

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 14.6756 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -14.6756

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2020: 567.3043) against the same month in 2019 (average: 533.1760), the exchange rate shifted by +34.1282 (+6.40%).

2020 Avg (October) 567.3043
2019 Avg (October) 533.1760

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 538.3226 523.5158 532.2933
February 539.7343 524.2768 535.6915
March 548.1634 530.2195 540.4524
April 553.4788 543.8137 547.3350
May 555.0769 550.2438 552.2648
June 560.8404 541.2474 553.8658
July 560.8237 549.9741 556.5990
August 558.9730 548.6128 555.8008
September 563.9355 554.9295 559.1084
October 575.5696 563.4594 567.3043
November 575.5453 548.6159 568.5431
December 564.2522 539.2717 553.8675