YEARLY HIGH
0.0019 CNY
YEARLY LOW
0.0016 CNY
YEARLY AVERAGE
0.0018 CNY

2020 MGA to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MGA to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0019. Conversely, the yearly low was recorded on November 17, dropping to 0.0016.

This high-to-low spread represents a total annual volatility of 0.0003 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0019 to the December average rate of 0.0017, the exchange rate registered a net change of -8.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0019 was down 32.87% compared to the 2019 peak of 0.0029, 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 10 CNY
2019 Average 10 CNY
Yearly Trough Low 8 CNY
Transaction Impact: A difference of 1.37 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0019
0.0017
JanuMarcMayJulySeptNove

MGA to CNY 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 0.0019, compared to 0.0018 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0019
H2 Avg (Jul–Dec) 0.0018

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.0001 CNY (High: 0.0018 / Low: 0.0017). On the other end, May was the most stable month, with a tight range of 0.0000 CNY (High: 0.0019 / Low: 0.0019).

December Spread (Volatile) ±0.0001
May Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0000 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0019) against the same month in 2019 (average: 0.0019), the exchange rate shifted by -0.0000 (-1.44%).

2020 Avg (January) 0.0019
2019 Avg (January) 0.0019

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0019 0.0018 0.0019
February 0.0019 0.0019 0.0019
March 0.0019 0.0019 0.0019
April 0.0019 0.0019 0.0019
May 0.0019 0.0019 0.0019
June 0.0019 0.0018 0.0019
July 0.0018 0.0018 0.0018
August 0.0018 0.0018 0.0018
September 0.0018 0.0017 0.0018
October 0.0017 0.0017 0.0017
November 0.0017 0.0016 0.0017
December 0.0018 0.0017 0.0017