2020 BRL to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 BRL to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the BRL to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 922.9418. Conversely, the yearly low was recorded on May 13, dropping to 648.1277.
This high-to-low spread represents a total annual volatility of 274.8140 MGA. From a start-to-finish perspective, comparing the January average rate of 888.9517 to the December average rate of 742.0659, the exchange rate registered a net change of -16.52% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 922.9418 was down 5.66% compared to the 2019 peak of 978.2969, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 BRL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
BRL 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 771.9396, compared to 717.8348 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 54.1047 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 109.1232 MGA (High: 831.3392 / Low: 722.2160). On the other end, October was the most stable month, with a tight range of 21.6740 MGA (High: 705.1266 / Low: 683.4526).
Growth Streaks & Declines
TrendsBetween October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 89.0823 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2020: 888.9517) against the same month in 2019 (average: 951.8174), the exchange rate shifted by -62.8657 (-6.60%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 922.9418 | 846.4682 | 888.9517 |
| February | 867.2869 | 829.8671 | 852.2543 |
| March | 831.3392 | 722.2160 | 763.1720 |
| April | 739.6523 | 672.3944 | 710.2514 |
| May | 722.6877 | 648.1277 | 679.5781 |
| June | 785.6020 | 702.6830 | 737.4299 |
| July | 749.8981 | 710.9959 | 726.6938 |
| August | 732.1285 | 681.6924 | 704.7418 |
| September | 736.9626 | 686.3009 | 715.3698 |
| October | 705.1266 | 683.4526 | 695.8434 |
| November | 745.9606 | 683.9969 | 722.2944 |
| December | 768.6266 | 712.9442 | 742.0659 |