YEARLY HIGH
76.7777 MGA
YEARLY LOW
70.6341 MGA
YEARLY AVERAGE
74.0051 MGA

2020 GMD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GMD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 76.7777. Conversely, the yearly low was recorded on January 4, dropping to 70.6341.

This high-to-low spread represents a total annual volatility of 6.1435 MGA. From a start-to-finish perspective, comparing the January average rate of 71.9216 to the December average rate of 73.7725, the exchange rate registered a net change of 2.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 76.7777 was up 1.74% compared to the 2019 peak of 75.4680, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 383,888 MGA
2019 Average 362,620 MGA
Yearly Trough Low 353,171 MGA
Transaction Impact: A difference of 30,717.70 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

76.1330
71.5388
JanuMarcMayJulySeptNove

GMD 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 73.3239, compared to 74.6862 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3622 points.

H1 Avg (Jan–Jun) 73.3239
H2 Avg (Jul–Dec) 74.6862

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 3.7277 MGA (High: 76.7671 / Low: 73.0393). On the other end, May was the most stable month, with a tight range of 0.6334 MGA (High: 74.4821 / Low: 73.8487).

November Spread (Volatile) ±3.7277
May Spread (Stable) ±0.6334

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.9777 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.9777

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2020: 75.6850) against the same month in 2019 (average: 72.6537), the exchange rate shifted by +3.0313 (+4.17%).

2020 Avg (October) 75.6850
2019 Avg (October) 72.6537

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 72.8448 70.6341 71.9216
February 73.3956 70.9393 72.5897
March 74.0089 71.6252 73.0998
April 74.9393 73.4916 73.9980
May 74.4821 73.8487 74.1762
June 74.9732 72.5994 74.1582
July 74.9332 73.3977 74.2777
August 74.3869 73.0480 74.0541
September 75.2735 74.0068 74.5777
October 76.7777 75.0892 75.6850
November 76.7671 73.0393 75.7502
December 75.5407 71.8424 73.7725