2020 GNF to MGA Historical Review

YEARLY HIGH

0.4063 MGA

YEARLY LOW

0.3737 MGA

YEARLY AVERAGE

0.3960 MGA

2020 GNF to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GNF to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 0.4063. Conversely, the yearly low was recorded on December 17, dropping to 0.3737.

This high-to-low spread represents a total annual volatility of 0.0326 MGA. From a start-to-finish perspective, comparing the January average rate of 0.3881 to the December average rate of 0.3840, the exchange rate registered a net change of -1.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.4063 was down 1.92% compared to the 2019 peak of 0.4143, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,032 MGA

2019 Average 1,968 MGA

Yearly Trough Low 1,869 MGA

Transaction Impact: A difference of 163.10 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4039

0.3822

JanuMarcMayJulySeptNove

GNF 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 0.3954, compared to 0.3967 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.3954

H2 Avg (Jul–Dec) 0.3967

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0209 MGA (High: 0.4056 / Low: 0.3847). On the other end, September was the most stable month, with a tight range of 0.0046 MGA (High: 0.4007 / Low: 0.3961).

November Spread (Volatile) ±0.0209

September Spread (Stable) ±0.0046

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 0.0165 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0165

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2020: 0.4005) against the same month in 2019 (average: 0.3988), the exchange rate shifted by +0.0017 (+0.42%).

2020 Avg (October) 0.4005

2019 Avg (October) 0.3988

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3931	0.3834	0.3881
February	0.3948	0.3814	0.3911
March	0.3994	0.3833	0.3928
April	0.4021	0.3943	0.3975
May	0.4056	0.3986	0.4021
June	0.4044	0.3953	0.4005
July	0.4022	0.3954	0.3993
August	0.4009	0.3941	0.3979
September	0.4007	0.3961	0.3980
October	0.4063	0.3974	0.4005
November	0.4056	0.3847	0.4005
December	0.3910	0.3737	0.3840