2020 FKP to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 FKP to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the FKP to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 5308.5847. Conversely, the yearly low was recorded on March 18, dropping to 4317.8112.
This high-to-low spread represents a total annual volatility of 990.7735 MGA. From a start-to-finish perspective, comparing the January average rate of 4813.0298 to the December average rate of 5135.2001, the exchange rate registered a net change of 6.69% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 5308.5847 was up 7.71% compared to the 2019 peak of 4928.7997, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FKP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
FKP to MGA Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 4729.8143, compared to 5052.1089 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 322.2946 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 510.1758 MGA (High: 4827.9870 / Low: 4317.8112). On the other end, February was the most stable month, with a tight range of 98.3916 MGA (High: 4851.7603 / Low: 4753.3687).
Growth Streaks & Declines
TrendsBetween March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 197.5268 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 5135.2001) against the same month in 2019 (average: 4726.8339), the exchange rate shifted by +408.3663 (+8.64%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4916.4239 | 4720.4762 | 4813.0298 |
| February | 4851.7603 | 4753.3687 | 4803.5051 |
| March | 4827.9870 | 4317.8112 | 4605.9784 |
| April | 4778.8449 | 4600.1264 | 4684.1003 |
| May | 4749.5099 | 4616.9561 | 4684.1309 |
| June | 4850.6483 | 4740.0658 | 4788.1414 |
| July | 5024.6894 | 4793.3678 | 4869.4944 |
| August | 5145.9821 | 4944.6484 | 5041.6453 |
| September | 5136.9164 | 4919.1199 | 4999.6386 |
| October | 5164.6444 | 5015.9309 | 5083.8113 |
| November | 5269.4442 | 5045.2165 | 5182.8636 |
| December | 5308.5847 | 4939.7248 | 5135.2001 |