YEARLY HIGH
0.0213 AFN
YEARLY LOW
0.0193 AFN
YEARLY AVERAGE
0.0202 AFN

2020 MGA to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MGA to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0213. Conversely, the yearly low was recorded on October 29, dropping to 0.0193.

This high-to-low spread represents a total annual volatility of 0.0020 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0210 to the December average rate of 0.0202, the exchange rate registered a net change of -3.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0213 was down 33.98% compared to the 2019 peak of 0.0323, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 107 AFN
2019 Average 107 AFN
Yearly Trough Low 97 AFN
Transaction Impact: A difference of 9.97 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0211
0.0195
JanuMarcMayJulySeptNove

MGA to AFN 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 0.0204, compared to 0.0199 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0204
H2 Avg (Jul–Dec) 0.0199

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0010 AFN (High: 0.0204 / Low: 0.0194). On the other end, May was the most stable month, with a tight range of 0.0002 AFN (High: 0.0202 / Low: 0.0199).

November Spread (Volatile) ±0.0010
May Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between October and December, 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 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0210) against the same month in 2019 (average: 0.0212), the exchange rate shifted by -0.0002 (-1.13%).

2020 Avg (January) 0.0210
2019 Avg (January) 0.0212

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0213 0.0207 0.0210
February 0.0211 0.0204 0.0208
March 0.0208 0.0201 0.0205
April 0.0204 0.0199 0.0202
May 0.0202 0.0199 0.0201
June 0.0207 0.0199 0.0202
July 0.0202 0.0199 0.0200
August 0.0204 0.0199 0.0201
September 0.0200 0.0197 0.0199
October 0.0198 0.0193 0.0196
November 0.0204 0.0194 0.0196
December 0.0207 0.0197 0.0202