YEARLY HIGH
0.0904 HUF
YEARLY LOW
0.0755 HUF
YEARLY AVERAGE
0.0809 HUF

2020 MGA to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MGA to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 0.0904. Conversely, the yearly low was recorded on December 10, dropping to 0.0755.

This high-to-low spread represents a total annual volatility of 0.0149 HUF. From a start-to-finish perspective, comparing the January average rate of 0.0818 to the December average rate of 0.0772, the exchange rate registered a net change of -5.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0904 was down 25.43% compared to the 2019 peak of 0.1212, 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 452 HUF
2019 Average 400 HUF
Yearly Trough Low 377 HUF
Transaction Impact: A difference of 74.55 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0880
0.0758
JanuMarcMayJulySeptNove

MGA to HUF 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 0.0836, compared to 0.0782 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 0.0836
H2 Avg (Jul–Dec) 0.0782

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0092 HUF (High: 0.0892 / Low: 0.0800). On the other end, February was the most stable month, with a tight range of 0.0018 HUF (High: 0.0842 / Low: 0.0824).

March Spread (Volatile) ±0.0092
February Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.0037 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.0870) against the same month in 2019 (average: 0.0792), the exchange rate shifted by +0.0078 (+9.84%).

2020 Avg (April) 0.0870
2019 Avg (April) 0.0792

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0846 0.0795 0.0818
February 0.0842 0.0824 0.0835
March 0.0892 0.0800 0.0839
April 0.0904 0.0848 0.0870
May 0.0860 0.0821 0.0844
June 0.0823 0.0793 0.0807
July 0.0816 0.0759 0.0797
August 0.0782 0.0755 0.0768
September 0.0810 0.0779 0.0792
October 0.0802 0.0773 0.0786
November 0.0801 0.0765 0.0775
December 0.0798 0.0755 0.0772