YEARLY HIGH
0.3383 KRW
YEARLY LOW
0.2782 KRW
YEARLY AVERAGE
0.3098 KRW

2020 MGA to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MGA to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on March 16, valuing the pair at 0.3383. Conversely, the yearly low was recorded on November 17, dropping to 0.2782.

This high-to-low spread represents a total annual volatility of 0.0601 KRW. From a start-to-finish perspective, comparing the January average rate of 0.3168 to the December average rate of 0.2867, the exchange rate registered a net change of -9.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.3383 was down 29.47% compared to the 2019 peak of 0.4796, 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 1,691 KRW
2019 Average 1,604 KRW
Yearly Trough Low 1,391 KRW
Transaction Impact: A difference of 300.53 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3310
0.2801
JanuMarcMayJulySeptNove

MGA to KRW 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 0.3214, compared to 0.2983 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0231 points.

H1 Avg (Jan–Jun) 0.3214
H2 Avg (Jul–Dec) 0.2983

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 0.0194 KRW (High: 0.3299 / Low: 0.3106). On the other end, May was the most stable month, with a tight range of 0.0053 KRW (High: 0.3258 / Low: 0.3205).

January Spread (Volatile) ±0.0194
May Spread (Stable) ±0.0053

Growth Streaks & Declines

Trends

Between January and March, 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 September and October, when the average rate fell by 0.0130 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0130

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.3267) against the same month in 2019 (average: 0.3198), the exchange rate shifted by +0.0069 (+2.16%).

2020 Avg (March) 0.3267
2019 Avg (March) 0.3198

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3299 0.3106 0.3168
February 0.3299 0.3175 0.3226
March 0.3383 0.3204 0.3267
April 0.3298 0.3168 0.3240
May 0.3258 0.3205 0.3227
June 0.3219 0.3105 0.3155
July 0.3146 0.3080 0.3119
August 0.3141 0.3066 0.3094
September 0.3103 0.2990 0.3051
October 0.2993 0.2845 0.2921
November 0.2934 0.2782 0.2844
December 0.2958 0.2800 0.2867