YEARLY HIGH
43.1007 MGA
YEARLY LOW
14.4429 MGA
YEARLY AVERAGE
39.2392 MGA

2020 CVE to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CVE to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 43.1007. Conversely, the yearly low was recorded on March 18, dropping to 14.4429.

This high-to-low spread represents a total annual volatility of 28.6578 MGA. From a start-to-finish perspective, comparing the January average rate of 36.9361 to the December average rate of 41.9986, the exchange rate registered a net change of 13.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 43.1007 was up 14.63% compared to the 2019 peak of 37.5994, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 215,503 MGA
2019 Average 183,853 MGA
Yearly Trough Low 72,215 MGA
Transaction Impact: A difference of 143,288.77 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

42.5581
35.8443
JanuMarcMayJulySeptNove

CVE 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 37.2295, compared to 41.2490 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.0195 points.

H1 Avg (Jan–Jun) 37.2295
H2 Avg (Jul–Dec) 41.2490

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 23.5517 MGA (High: 37.9946 / Low: 14.4429). On the other end, September was the most stable month, with a tight range of 0.7041 MGA (High: 41.3865 / Low: 40.6824).

March Spread (Volatile) ±23.5517
September Spread (Stable) ±0.7041

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.4186 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.4186

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 41.9986) against the same month in 2019 (average: 36.1521), the exchange rate shifted by +5.8465 (+16.17%).

2020 Avg (December) 41.9986
2019 Avg (December) 36.1521

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 37.6072 36.0876 36.9361
February 36.9348 36.1867 36.5174
March 37.9946 14.4429 36.4037
April 37.5273 36.7661 37.0524
May 38.2306 37.0677 37.5792
June 39.3239 38.1304 38.8882
July 40.7784 38.2367 39.6975
August 41.5892 40.1505 41.1018
September 41.3865 40.6824 41.1372
October 42.2069 41.2588 41.6324
November 42.5817 41.0129 41.9263
December 43.1007 40.7114 41.9986