YEARLY HIGH
5308.5847 MGA
YEARLY LOW
4317.8112 MGA
YEARLY AVERAGE
4890.9616 MGA

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.

Transfer Payout Power Comparison

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

Yearly Peak High 26,542,923 MGA
2019 Average 23,192,222 MGA
Yearly Trough Low 21,589,056 MGA
Transaction Impact: A difference of 4,953,867.26 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

5240.5521
4548.2899
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 4729.8143
H2 Avg (Jul–Dec) 5052.1089

Volatility Range Comparison

Volatility

The 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).

March Spread (Volatile) ±510.1758
February Spread (Stable) ±98.3916

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 5 Mo.
Sharpest MoM Drop -197.5268

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2020 Avg (December) 5135.2001
2019 Avg (December) 4726.8339

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