2020 ISK to MGA Historical Review

YEARLY HIGH

30.8396 MGA

YEARLY LOW

25.6961 MGA

YEARLY AVERAGE

28.2023 MGA

2020 ISK to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ISK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 30.8396. Conversely, the yearly low was recorded on April 23, dropping to 25.6961.

This high-to-low spread represents a total annual volatility of 5.1435 MGA. From a start-to-finish perspective, comparing the January average rate of 29.8119 to the December average rate of 29.9772, the exchange rate registered a net change of 0.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 30.8396 was up 0.93% compared to the 2019 peak of 30.5564, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 154,198 MGA

2019 Average 148,212 MGA

Yearly Trough Low 128,480 MGA

Transaction Impact: A difference of 25,717.55 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

30.3616

25.7486

JanuMarcMayJulySeptNove

ISK 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 27.9446, compared to 28.4600 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5154 points.

H1 Avg (Jan–Jun) 27.9446

H2 Avg (Jul–Dec) 28.4600

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 2.7953 MGA (High: 29.3899 / Low: 26.5945). On the other end, October was the most stable month, with a tight range of 0.5915 MGA (High: 28.4165 / Low: 27.8250).

March Spread (Volatile) ±2.7953

October Spread (Stable) ±0.5915

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.6158 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.6158

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 29.9772) against the same month in 2019 (average: 29.5493), the exchange rate shifted by +0.4279 (+1.45%).

2020 Avg (December) 29.9772

2019 Avg (December) 29.5493

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	30.6481	29.2080	29.8119
February	29.6420	29.0285	29.2793
March	29.3899	26.5945	27.6636
April	26.4883	25.6961	26.1330
May	28.0072	25.7908	26.5859
June	28.9473	27.6655	28.1938
July	28.4970	27.2711	27.7912
August	28.5247	27.7963	28.0728
September	28.5565	27.4369	28.0207
October	28.4165	27.8250	28.1762
November	29.4102	27.8750	28.7219
December	30.8396	29.0036	29.9772