YEARLY HIGH
1908.8043 MGA
YEARLY LOW
1587.1404 MGA
YEARLY AVERAGE
1758.9535 MGA

2020 FJD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the FJD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 1908.8043. Conversely, the yearly low was recorded on March 21, dropping to 1587.1404.

This high-to-low spread represents a total annual volatility of 321.6638 MGA. From a start-to-finish perspective, comparing the January average rate of 1699.3662 to the December average rate of 1856.5731, the exchange rate registered a net change of 9.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1908.8043 was down 6.43% compared to the 2019 peak of 2039.8842, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,544,021 MGA
2019 Average 8,429,238 MGA
Yearly Trough Low 7,935,702 MGA
Transaction Impact: A difference of 1,608,319.17 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1888.1024
1615.1923
JanuMarcMayJulySeptNove

FJD 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 1689.6254, compared to 1828.2816 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 138.6562 points.

H1 Avg (Jan–Jun) 1689.6254
H2 Avg (Jul–Dec) 1828.2816

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 111.0080 MGA (High: 1908.8043 / Low: 1797.7962). On the other end, July was the most stable month, with a tight range of 34.1711 MGA (High: 1806.6731 / Low: 1772.5020).

December Spread (Volatile) ±111.0080
July Spread (Stable) ±34.1711

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 44.1696 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -44.1696

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1856.5731) against the same month in 2019 (average: 1663.8116), the exchange rate shifted by +192.7615 (+11.59%).

2020 Avg (December) 1856.5731
2019 Avg (December) 1663.8116

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1729.9022 1658.4317 1699.3662
February 1694.2532 1658.4317 1682.1044
March 1679.0990 1587.1404 1637.9348
April 1712.0748 1638.4131 1660.6248
May 1721.9474 1682.9499 1700.6079
June 1783.9264 1708.1241 1757.1144
July 1806.6731 1772.5020 1790.3174
August 1831.7640 1783.0588 1803.3508
September 1833.6224 1798.1439 1817.8079
October 1867.0826 1820.0935 1836.2803
November 1904.0092 1819.4542 1865.3599
December 1908.8043 1797.7962 1856.5731