YEARLY HIGH
3045.3624 MGA
YEARLY LOW
2568.5377 MGA
YEARLY AVERAGE
2842.9957 MGA

2020 CAD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CAD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 3045.3624. Conversely, the yearly low was recorded on March 18, dropping to 2568.5377.

This high-to-low spread represents a total annual volatility of 476.8247 MGA. From a start-to-finish perspective, comparing the January average rate of 2814.5442 to the December average rate of 2981.1610, the exchange rate registered a net change of 5.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 3045.3624 was up 6.65% compared to the 2019 peak of 2855.4616, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,226,812 MGA
2019 Average 13,691,570 MGA
Yearly Trough Low 12,842,689 MGA
Transaction Impact: A difference of 2,384,123.39 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

3031.0982
2639.7164
JanuMarcMayJulySeptNove

CAD 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 2750.9480, compared to 2935.0433 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 184.0953 points.

H1 Avg (Jan–Jun) 2750.9480
H2 Avg (Jul–Dec) 2935.0433

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 214.8405 MGA (High: 2783.3782 / Low: 2568.5377). On the other end, July was the most stable month, with a tight range of 56.2263 MGA (High: 2876.3945 / Low: 2820.1683).

March Spread (Volatile) ±214.8405
July Spread (Stable) ±56.2263

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 February and March, when the average rate fell by 116.3608 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -116.3608

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2981.1610) against the same month in 2019 (average: 2737.8754), the exchange rate shifted by +243.2856 (+8.89%).

2020 Avg (December) 2981.1610
2019 Avg (December) 2737.8754

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2858.9745 2738.4118 2814.5442
February 2816.7181 2738.4118 2788.6924
March 2783.3782 2568.5377 2672.3316
April 2755.4745 2637.6223 2685.0440
May 2771.0165 2663.4417 2722.6503
June 2853.7350 2788.3949 2822.4258
July 2876.3945 2820.1683 2845.5032
August 2953.3410 2830.6750 2898.3754
September 2946.7605 2890.0217 2921.0280
October 3002.7807 2922.5578 2965.7090
November 3033.1391 2912.2434 2998.4831
December 3045.3624 2879.8142 2981.1610