2020 HKD to MGA Historical Review

YEARLY HIGH

512.7213 MGA

YEARLY LOW

465.3396 MGA

YEARLY AVERAGE

491.1685 MGA

2020 HKD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HKD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 512.7213. Conversely, the yearly low was recorded on January 4, dropping to 465.3396.

This high-to-low spread represents a total annual volatility of 47.3817 MGA. From a start-to-finish perspective, comparing the January average rate of 473.5264 to the December average rate of 492.5475, the exchange rate registered a net change of 4.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 512.7213 was up 6.33% compared to the 2019 peak of 482.2050, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 12,818,032 MGA

2019 Average 11,591,769 MGA

Yearly Trough Low 11,633,490 MGA

Transaction Impact: A difference of 1,184,542.51 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

509.0583

470.2962

JanuMarcMayJulySeptNove

HKD 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 483.5173, compared to 498.8198 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.3025 points.

H1 Avg (Jan–Jun) 483.5173

H2 Avg (Jul–Dec) 498.8198

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 24.6252 MGA (High: 512.7213 / Low: 488.0961). On the other end, May was the most stable month, with a tight range of 6.5995 MGA (High: 493.6944 / Low: 487.0950).

November Spread (Volatile) ±24.6252

May Spread (Stable) ±6.5995

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 13.2806 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -13.2806

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 505.8281) against the same month in 2019 (average: 471.4100), the exchange rate shifted by +34.4182 (+7.30%).

2020 Avg (November) 505.8281

2019 Avg (November) 471.4100

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	479.1926	465.3396	473.5264
February	479.7987	466.7626	476.4145
March	486.2968	469.3344	479.3823
April	493.3204	483.7025	486.8398
May	493.6944	487.0950	491.2581
June	499.5600	482.8939	493.6826
July	499.6122	490.5537	495.9368
August	497.3291	488.8711	495.0821
September	502.6232	494.6040	498.1346
October	512.6469	501.8703	505.3895
November	512.7213	488.0961	505.8281
December	504.1827	479.8794	492.5475