2020 MUR to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MUR to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MUR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 102.0683. Conversely, the yearly low was recorded on December 2, dropping to 93.4673.
This high-to-low spread represents a total annual volatility of 8.6010 MGA. From a start-to-finish perspective, comparing the January average rate of 100.6097 to the December average rate of 96.4131, the exchange rate registered a net change of -4.17% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 102.0683 was down 4.49% compared to the 2019 peak of 106.8719, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MUR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
MUR to MGA Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 97.2178, compared to 97.1174 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1003 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 5.8465 MGA (High: 99.8623 / Low: 94.0158). On the other end, May was the most stable month, with a tight range of 1.4202 MGA (High: 96.0222 / Low: 94.6019).
Growth Streaks & Declines
TrendsBetween April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 2.6197 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2020: 100.6097) against the same month in 2019 (average: 103.8139), the exchange rate shifted by -3.2042 (-3.09%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 102.0683 | 98.3999 | 100.6097 |
| February | 100.8694 | 98.5547 | 99.5293 |
| March | 99.8623 | 94.0158 | 96.9097 |
| April | 96.0903 | 94.2048 | 95.1253 |
| May | 96.0222 | 94.6019 | 95.4126 |
| June | 96.7097 | 94.0266 | 95.7200 |
| July | 97.1650 | 95.1413 | 96.2027 |
| August | 97.0251 | 95.4889 | 96.6109 |
| September | 98.4588 | 96.3723 | 97.0199 |
| October | 99.4747 | 97.5109 | 98.2012 |
| November | 99.8742 | 94.9439 | 98.2569 |
| December | 98.8987 | 93.4673 | 96.4131 |