YEARLY HIGH
0.2832 MGA
YEARLY LOW
0.2205 MGA
YEARLY AVERAGE
0.2624 MGA

2020 IDR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the IDR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 0.2832. Conversely, the yearly low was recorded on March 23, dropping to 0.2205.

This high-to-low spread represents a total annual volatility of 0.0626 MGA. From a start-to-finish perspective, comparing the January average rate of 0.2683 to the December average rate of 0.2705, the exchange rate registered a net change of 0.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2832 was up 5.58% compared to the 2019 peak of 0.2682, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 2,831,589 MGA
2019 Average 2,570,156 MGA
Yearly Trough Low 2,205,202 MGA
Transaction Impact: A difference of 626,387.11 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2798
0.2361
JanuMarcMayJulySeptNove

IDR 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 0.2583, compared to 0.2666 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0083 points.

H1 Avg (Jan–Jun) 0.2583
H2 Avg (Jul–Dec) 0.2666

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0464 MGA (High: 0.2670 / Low: 0.2205). On the other end, September was the most stable month, with a tight range of 0.0075 MGA (High: 0.2633 / Low: 0.2558).

March Spread (Volatile) ±0.0464
September Spread (Stable) ±0.0075

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 0.0234 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0234

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.2761) against the same month in 2019 (average: 0.2626), the exchange rate shifted by +0.0136 (+5.16%).

2020 Avg (November) 0.2761
2019 Avg (November) 0.2626

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2796 0.2597 0.2683
February 0.2726 0.2632 0.2694
March 0.2670 0.2205 0.2460
April 0.2508 0.2253 0.2397
May 0.2606 0.2462 0.2566
June 0.2742 0.2605 0.2694
July 0.2700 0.2586 0.2647
August 0.2654 0.2572 0.2612
September 0.2633 0.2558 0.2604
October 0.2711 0.2625 0.2664
November 0.2832 0.2682 0.2761
December 0.2778 0.2633 0.2705