YEARLY HIGH
1338.1295 MGA
YEARLY LOW
1085.3333 MGA
YEARLY AVERAGE
1226.2577 MGA

2020 GEL to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GEL to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 1338.1295. Conversely, the yearly low was recorded on March 25, dropping to 1085.3333.

This high-to-low spread represents a total annual volatility of 252.7962 MGA. From a start-to-finish perspective, comparing the January average rate of 1279.1047 to the December average rate of 1159.1757, the exchange rate registered a net change of -9.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1338.1295 was down 2.58% compared to the 2019 peak of 1373.5761, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,690,647 MGA
2019 Average 6,456,839 MGA
Yearly Trough Low 5,426,666 MGA
Transaction Impact: A difference of 1,263,981.00 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1317.4935
1144.7831
JanuMarcMayJulySeptNove

GEL 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 1241.8882, compared to 1210.6273 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 31.2609 points.

H1 Avg (Jan–Jun) 1241.8882
H2 Avg (Jul–Dec) 1210.6273

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 249.2194 MGA (High: 1334.5527 / Low: 1085.3333). On the other end, May was the most stable month, with a tight range of 20.7993 MGA (High: 1200.8554 / Low: 1180.0561).

March Spread (Volatile) ±249.2194
May Spread (Stable) ±20.7993

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 61.7073 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -61.7073

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 1303.1010) against the same month in 2019 (average: 1333.3157), the exchange rate shifted by -30.2148 (-2.27%).

2020 Avg (February) 1303.1010
2019 Avg (February) 1333.3157

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1297.1847 1252.1589 1279.1047
February 1338.1295 1254.3253 1303.1010
March 1334.5527 1085.3333 1241.3937
April 1203.2519 1142.6698 1185.7842
May 1200.8554 1180.0561 1189.2701
June 1278.7679 1191.1274 1252.6752
July 1265.3797 1230.4207 1251.0820
August 1249.4503 1228.2010 1241.3658
September 1253.1899 1159.8692 1215.4418
October 1226.5472 1190.5221 1214.6525
November 1215.7002 1134.4642 1182.0461
December 1194.6360 1118.7970 1159.1757