YEARLY HIGH
1971.5942 MGA
YEARLY LOW
1795.9378 MGA
YEARLY AVERAGE
1890.8428 MGA

2020 BZD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BZD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 1971.5942. Conversely, the yearly low was recorded on January 4, dropping to 1795.9378.

This high-to-low spread represents a total annual volatility of 175.6564 MGA. From a start-to-finish perspective, comparing the January average rate of 1826.1541 to the December average rate of 1894.1463, the exchange rate registered a net change of 3.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1971.5942 was up 5.09% compared to the 2019 peak of 1876.0319, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,857,971 MGA
2019 Average 9,014,668 MGA
Yearly Trough Low 8,979,689 MGA
Transaction Impact: A difference of 878,281.79 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1957.8048
1814.1858
JanuMarcMayJulySeptNove

BZD 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 1863.0393, compared to 1918.6463 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 55.6071 points.

H1 Avg (Jan–Jun) 1863.0393
H2 Avg (Jul–Dec) 1918.6463

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 94.9846 MGA (High: 1971.5942 / Low: 1876.6095). On the other end, May was the most stable month, with a tight range of 16.5494 MGA (High: 1898.7154 / Low: 1882.1660).

November Spread (Volatile) ±94.9846
May Spread (Stable) ±16.5494

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 51.6902 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -51.6902

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 1945.8366) against the same month in 2019 (average: 1831.2906), the exchange rate shifted by +114.5460 (+6.25%).

2020 Avg (November) 1945.8366
2019 Avg (November) 1831.2906

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1846.7351 1795.9378 1826.1541
February 1851.5747 1798.5612 1837.6184
March 1879.7398 1814.8108 1850.2180
April 1895.9784 1860.0240 1875.5932
May 1898.7154 1882.1660 1890.3486
June 1921.2445 1856.7451 1898.3033
July 1921.1335 1895.4067 1907.5217
August 1920.1847 1879.3953 1905.5094
September 1931.8104 1902.5307 1915.3086
October 1965.7820 1931.1158 1943.5554
November 1971.5942 1876.6095 1945.8366
December 1938.4902 1844.6260 1894.1463