YEARLY HIGH
4770.8285 MGA
YEARLY LOW
3995.7232 MGA
YEARLY AVERAGE
4351.8106 MGA

2020 EUR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the EUR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 4770.8285. Conversely, the yearly low was recorded on January 28, dropping to 3995.7232.

This high-to-low spread represents a total annual volatility of 775.1053 MGA. From a start-to-finish perspective, comparing the January average rate of 4087.1964 to the December average rate of 4648.0216, the exchange rate registered a net change of 13.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 4770.8285 was up 14.48% compared to the 2019 peak of 4167.4470, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 23,854,142 MGA
2019 Average 20,338,224 MGA
Yearly Trough Low 19,978,616 MGA
Transaction Impact: A difference of 3,875,526.31 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

4708.4521
3983.2865
JanuMarcMayJulySeptNove

EUR 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 4137.2634, compared to 4566.3577 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 429.0943 points.

H1 Avg (Jan–Jun) 4137.2634
H2 Avg (Jul–Dec) 4566.3577

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 264.4032 MGA (High: 4770.8285 / Low: 4506.4253). On the other end, September was the most stable month, with a tight range of 68.1245 MGA (High: 4575.1176 / Low: 4506.9931).

December Spread (Volatile) ±264.4032
September Spread (Stable) ±68.1245

Growth Streaks & Declines

Trends

Between April and December, 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 January and February, when the average rate fell by 43.4794 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -43.4794

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 4648.0216) against the same month in 2019 (average: 4006.2471), the exchange rate shifted by +641.7745 (+16.02%).

2020 Avg (December) 4648.0216
2019 Avg (December) 4006.2471

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4162.1771 3995.7232 4087.1964
February 4106.0941 4010.6138 4043.7170
March 4198.5822 4013.8550 4122.0117
April 4158.8952 4051.6231 4101.0789
May 4228.3945 4103.5789 4163.4557
June 4371.0904 4225.8435 4306.1207
July 4548.3613 4326.1647 4405.0466
August 4596.6180 4466.7961 4539.4997
September 4575.1176 4506.9931 4550.3303
October 4662.0101 4567.9856 4609.6477
November 4715.8060 4516.4595 4645.6004
December 4770.8285 4506.4253 4648.0216