2020 NOK to MGA Historical Review

YEARLY HIGH

453.3270 MGA

YEARLY LOW

318.0596 MGA

YEARLY AVERAGE

406.0085 MGA

2020 NOK to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 453.3270. Conversely, the yearly low was recorded on March 21, dropping to 318.0596.

This high-to-low spread represents a total annual volatility of 135.2673 MGA. From a start-to-finish perspective, comparing the January average rate of 411.6496 to the December average rate of 438.7689, the exchange rate registered a net change of 6.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 453.3270 was up 5.67% compared to the 2019 peak of 429.0044, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,266,635 MGA

2019 Average 2,065,105 MGA

Yearly Trough Low 1,590,298 MGA

Transaction Impact: A difference of 676,336.70 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

446.4272

354.5282

JanuMarcMayJulySeptNove

NOK 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 385.8945, compared to 426.1225 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 40.2280 points.

H1 Avg (Jan–Jun) 385.8945

H2 Avg (Jul–Dec) 426.1225

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 81.7663 MGA (High: 399.8259 / Low: 318.0596). On the other end, February was the most stable month, with a tight range of 8.4549 MGA (High: 402.2284 / Low: 393.7735).

March Spread (Volatile) ±81.7663

February Spread (Stable) ±8.4549

Growth Streaks & Declines

Trends

Between April and August, 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 February and March, when the average rate fell by 34.6263 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -34.6263

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 438.7689) against the same month in 2019 (average: 399.9242), the exchange rate shifted by +38.8448 (+9.71%).

2020 Avg (December) 438.7689

2019 Avg (December) 399.9242

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	422.7977	393.7735	411.6496
February	402.2284	393.7735	398.7604
March	399.8259	318.0596	364.1341
April	370.9389	351.2520	362.1865
May	391.2842	361.8108	377.6356
June	409.8938	394.6039	401.0007
July	424.1797	404.1391	413.4390
August	441.1505	417.4581	428.9232
September	438.0553	405.0276	422.0747
October	429.3524	412.5103	421.4861
November	443.0481	411.4155	432.0430
December	453.3270	422.8569	438.7689