YEARLY HIGH
13.2536 MGA
YEARLY LOW
11.0668 MGA
YEARLY AVERAGE
12.3871 MGA

2020 HUF to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HUF to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 10, valuing the pair at 13.2536. Conversely, the yearly low was recorded on April 4, dropping to 11.0668.

This high-to-low spread represents a total annual volatility of 2.1868 MGA. From a start-to-finish perspective, comparing the January average rate of 12.2345 to the December average rate of 12.9495, the exchange rate registered a net change of 5.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 13.2536 was up 1.51% compared to the 2019 peak of 13.0562, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 13,253,586 MGA
2019 Average 12,504,264 MGA
Yearly Trough Low 11,066,755 MGA
Transaction Impact: A difference of 2,186,830.57 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

13.1702
11.3518
JanuMarcMayJulySeptNove

HUF 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 11.9796, compared to 12.7947 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8151 points.

H1 Avg (Jan–Jun) 11.9796
H2 Avg (Jul–Dec) 12.7947

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.2862 MGA (High: 12.5016 / Low: 11.2154). On the other end, February was the most stable month, with a tight range of 0.2604 MGA (High: 12.1374 / Low: 11.8771).

March Spread (Volatile) ±1.2862
February Spread (Stable) ±0.2604

Growth Streaks & Declines

Trends

Between April and August, 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 March and April, when the average rate fell by 0.4226 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.4226

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 12.9495) against the same month in 2019 (average: 12.1068), the exchange rate shifted by +0.8427 (+6.96%).

2020 Avg (December) 12.9495
2019 Avg (December) 12.1068

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.5774 11.8189 12.2345
February 12.1374 11.8771 11.9806
March 12.5016 11.2154 11.9259
April 11.7893 11.0668 11.5033
May 12.1862 11.6334 11.8464
June 12.6100 12.1555 12.3865
July 13.1808 12.2547 12.5520
August 13.2460 12.7864 13.0187
September 12.8391 12.3476 12.6261
October 12.9356 12.4758 12.7187
November 13.0707 12.4887 12.9031
December 13.2536 12.5300 12.9495