2020 MXN to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MXN to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MXN to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 200.6074. Conversely, the yearly low was recorded on March 23, dropping to 147.8166.
This high-to-low spread represents a total annual volatility of 52.7908 MGA. From a start-to-finish perspective, comparing the January average rate of 195.7622 to the December average rate of 191.4050, the exchange rate registered a net change of -2.23% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 200.6074 was up 2.71% compared to the 2019 peak of 195.3147, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 MXN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
MXN 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 174.9797, compared to 181.9247 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.9450 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 43.2366 MGA (High: 191.0532 / Low: 147.8166). On the other end, July was the most stable month, with a tight range of 5.6483 MGA (High: 174.7793 / Low: 169.1310).
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 28.8763 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2020: 196.5847) against the same month in 2019 (average: 184.3924), the exchange rate shifted by +12.1923 (+6.61%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 199.4924 | 191.3866 | 195.7622 |
| February | 200.6074 | 189.8436 | 196.5847 |
| March | 191.0532 | 147.8166 | 167.7085 |
| April | 160.9353 | 149.0365 | 155.9038 |
| May | 171.8410 | 152.0247 | 162.5978 |
| June | 176.3384 | 166.8945 | 171.3212 |
| July | 174.7793 | 169.1310 | 171.6283 |
| August | 177.0086 | 169.0079 | 173.2251 |
| September | 184.7847 | 172.6583 | 178.5537 |
| October | 188.0071 | 178.4756 | 184.4131 |
| November | 196.0767 | 183.9933 | 192.3228 |
| December | 196.7101 | 185.5066 | 191.4050 |