2020 MGA to GNF Historical Review

YEARLY HIGH

2.6757 GNF

YEARLY LOW

2.4609 GNF

YEARLY AVERAGE

2.5258 GNF

2020 MGA to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MGA to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 2.6757. Conversely, the yearly low was recorded on October 29, dropping to 2.4609.

This high-to-low spread represents a total annual volatility of 0.2148 GNF. From a start-to-finish perspective, comparing the January average rate of 2.5768 to the December average rate of 2.6050, the exchange rate registered a net change of 1.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.6757 was down 30.75% compared to the 2019 peak of 3.8641, 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 13,379 GNF

2019 Average 12,713 GNF

Yearly Trough Low 12,305 GNF

Transaction Impact: A difference of 1,073.96 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.6168

2.4751

JanuMarcMayJulySeptNove

MGA to GNF 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 2.5299, compared to 2.5216 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0083 points.

H1 Avg (Jan–Jun) 2.5299

H2 Avg (Jul–Dec) 2.5216

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.1341 GNF (High: 2.5996 / Low: 2.4654). On the other end, September was the most stable month, with a tight range of 0.0290 GNF (High: 2.5247 / Low: 2.4957).

November Spread (Volatile) ±0.1341

September Spread (Stable) ±0.0290

Growth Streaks & Declines

Trends

Between May and August, 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 March and April, when the average rate fell by 0.0302 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0302

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2.6050) against the same month in 2019 (average: 2.6424), the exchange rate shifted by -0.0374 (-1.41%).

2020 Avg (December) 2.6050

2019 Avg (December) 2.6424

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6083	2.5437	2.5768
February	2.6220	2.5329	2.5568
March	2.6088	2.5038	2.5460
April	2.5362	2.4868	2.5158
May	2.5091	2.4656	2.4869
June	2.5295	2.4727	2.4969
July	2.5289	2.4863	2.5044
August	2.5376	2.4945	2.5133
September	2.5247	2.4957	2.5128
October	2.5161	2.4609	2.4969
November	2.5996	2.4654	2.4973
December	2.6757	2.5577	2.6050