YEARLY HIGH
0.1642 XAF
YEARLY LOW
0.1375 XAF
YEARLY AVERAGE
0.1512 XAF

2020 MGA to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MGA to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 28, valuing the pair at 0.1642. Conversely, the yearly low was recorded on December 27, dropping to 0.1375.

This high-to-low spread represents a total annual volatility of 0.0267 XAF. From a start-to-finish perspective, comparing the January average rate of 0.1605 to the December average rate of 0.1412, the exchange rate registered a net change of -12.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1642 was down 32.10% compared to the 2019 peak of 0.2418, 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 821 XAF
2019 Average 807 XAF
Yearly Trough Low 687 XAF
Transaction Impact: A difference of 133.36 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1643
0.1391
JanuMarcMayJulySeptNove

MGA to XAF 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 0.1586, compared to 0.1437 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0149 points.

H1 Avg (Jan–Jun) 0.1586
H2 Avg (Jul–Dec) 0.1437

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.0081 XAF (High: 0.1456 / Low: 0.1375). On the other end, September was the most stable month, with a tight range of 0.0022 XAF (High: 0.1455 / Low: 0.1434).

December Spread (Volatile) ±0.0081
September Spread (Stable) ±0.0022

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 May and June, when the average rate fell by 0.0052 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.1605) against the same month in 2019 (average: 0.1614), the exchange rate shifted by -0.0009 (-0.58%).

2020 Avg (January) 0.1605
2019 Avg (January) 0.1614

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1642 0.1576 0.1605
February 0.1636 0.1598 0.1622
March 0.1634 0.1562 0.1592
April 0.1619 0.1577 0.1600
May 0.1598 0.1551 0.1576
June 0.1552 0.1501 0.1523
July 0.1516 0.1442 0.1489
August 0.1469 0.1427 0.1445
September 0.1455 0.1434 0.1442
October 0.1436 0.1407 0.1423
November 0.1452 0.1391 0.1412
December 0.1456 0.1375 0.1412