YEARLY HIGH
11.1345 MGA
YEARLY LOW
10.1401 MGA
YEARLY AVERAGE
10.6713 MGA

2020 MRO to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MRO to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 11.1345. Conversely, the yearly low was recorded on January 4, dropping to 10.1401.

This high-to-low spread represents a total annual volatility of 0.9944 MGA. From a start-to-finish perspective, comparing the January average rate of 10.3106 to the December average rate of 10.6957, the exchange rate registered a net change of 3.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 11.1345 was up 5.13% compared to the 2019 peak of 10.5909, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MRO based on timing:

Yearly Peak High 55,672 MGA
2019 Average 50,881 MGA
Yearly Trough Low 50,700 MGA
Transaction Impact: A difference of 4,971.99 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

11.0520
10.2432
JanuMarcMayJulySeptNove

MRO to MGA 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 10.5121, compared to 10.8306 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3185 points.

H1 Avg (Jan–Jun) 10.5121
H2 Avg (Jul–Dec) 10.8306

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.5366 MGA (High: 11.1345 / Low: 10.5979). On the other end, May was the most stable month, with a tight range of 0.1411 MGA (High: 10.7186 / Low: 10.5775).

November Spread (Volatile) ±0.5366
May Spread (Stable) ±0.1411

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.2890 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.2890

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 10.9846) against the same month in 2019 (average: 10.3373), the exchange rate shifted by +0.6474 (+6.26%).

2020 Avg (November) 10.9846
2019 Avg (November) 10.3373

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.4268 10.1401 10.3106
February 10.4574 10.1541 10.3759
March 10.5596 10.2101 10.4270
April 10.7098 10.5042 10.5708
May 10.7186 10.5775 10.6702
June 10.8470 10.4832 10.7179
July 10.8461 10.6499 10.7680
August 10.7971 10.6134 10.7483
September 10.9115 10.7382 10.8142
October 11.1317 10.8953 10.9726
November 11.1345 10.5979 10.9846
December 10.9502 10.4202 10.6957