YEARLY HIGH
114.2343 MGA
YEARLY LOW
105.9322 MGA
YEARLY AVERAGE
110.7460 MGA

2020 NIO to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NIO to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 114.2343. Conversely, the yearly low was recorded on January 28, dropping to 105.9322.

This high-to-low spread represents a total annual volatility of 8.3021 MGA. From a start-to-finish perspective, comparing the January average rate of 108.4381 to the December average rate of 109.5323, the exchange rate registered a net change of 1.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 114.2343 was up 1.43% compared to the 2019 peak of 112.6283, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 571,172 MGA
2019 Average 546,461 MGA
Yearly Trough Low 529,661 MGA
Transaction Impact: A difference of 41,510.63 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

113.1303
108.0116
JanuMarcMayJulySeptNove

NIO 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 110.2826, compared to 111.2094 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9268 points.

H1 Avg (Jan–Jun) 110.2826
H2 Avg (Jul–Dec) 111.2094

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 5.6396 MGA (High: 114.1913 / Low: 108.5518). On the other end, August was the most stable month, with a tight range of 1.8979 MGA (High: 111.5968 / Low: 109.6989).

November Spread (Volatile) ±5.6396
August Spread (Stable) ±1.8979

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 2.9005 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -2.9005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2020: 112.7037) against the same month in 2019 (average: 109.5296), the exchange rate shifted by +3.1742 (+2.90%).

2020 Avg (October) 112.7037
2019 Avg (October) 109.5296

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 110.3440 105.9322 108.4381
February 110.0631 106.1493 108.9692
March 111.2378 106.8222 109.6059
April 112.1253 109.0909 110.6692
May 113.4097 109.7354 112.0353
June 113.4585 109.2701 111.9778
July 113.5276 110.3628 111.1517
August 111.5968 109.6989 110.3741
September 112.1114 109.9319 111.0618
October 114.2343 111.7563 112.7037
November 114.1913 108.5518 112.4327
December 112.1161 106.7738 109.5323