2020 NZD to MGA Historical Review

YEARLY HIGH

2787.7686 MGA

YEARLY LOW

2112.7206 MGA

YEARLY AVERAGE

2479.1676 MGA

2020 NZD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NZD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2787.7686. Conversely, the yearly low was recorded on March 22, dropping to 2112.7206.

This high-to-low spread represents a total annual volatility of 675.0480 MGA. From a start-to-finish perspective, comparing the January average rate of 2433.8827 to the December average rate of 2709.6410, the exchange rate registered a net change of 11.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2787.7686 was up 12.25% compared to the 2019 peak of 2483.5115, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,938,843 MGA

2019 Average 11,968,252 MGA

Yearly Trough Low 10,563,603 MGA

Transaction Impact: A difference of 3,375,240.15 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2755.6064

2204.0214

JanuMarcMayJulySeptNove

NZD 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 2350.7622, compared to 2607.5730 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 256.8108 points.

H1 Avg (Jan–Jun) 2350.7622

H2 Avg (Jul–Dec) 2607.5730

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 237.7294 MGA (High: 2350.4499 / Low: 2112.7206). On the other end, February was the most stable month, with a tight range of 69.4482 MGA (High: 2396.1208 / Low: 2326.6726).

March Spread (Volatile) ±237.7294

February Spread (Stable) ±69.4482

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 117.3143 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -117.3143

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2709.6410) against the same month in 2019 (average: 2379.9052), the exchange rate shifted by +329.7358 (+13.85%).

2020 Avg (December) 2709.6410

2019 Avg (December) 2379.9052

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2498.8605	2343.0542	2433.8827
February	2396.1208	2326.6726	2367.3011
March	2350.4499	2112.7206	2249.9868
April	2347.5515	2197.1249	2267.8542
May	2366.5672	2263.8545	2318.8720
June	2511.8561	2388.5761	2466.6766
July	2566.0104	2490.9868	2532.2989
August	2596.4523	2502.4453	2534.5123
September	2611.3576	2531.3403	2573.8588
October	2646.8943	2556.5708	2600.4363
November	2746.6312	2598.7041	2694.6908
December	2787.7686	2625.1935	2709.6410