2020 PHP to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 PHP to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the PHP to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 82.4053. Conversely, the yearly low was recorded on March 16, dropping to 70.7892.
This high-to-low spread represents a total annual volatility of 11.6161 MGA. From a start-to-finish perspective, comparing the January average rate of 72.4133 to the December average rate of 79.4124, the exchange rate registered a net change of 9.67% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 82.4053 was up 11.34% compared to the 2019 peak of 74.0108, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 PHP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
PHP 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 74.1289, compared to 79.5874 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.4585 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was December, with a trading range of 4.0510 MGA (High: 81.4843 / Low: 77.4333). On the other end, July was the most stable month, with a tight range of 1.0493 MGA (High: 78.2202 / Low: 77.1709).
Growth Streaks & Declines
TrendsBetween January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.8761 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2020: 81.2885) against the same month in 2019 (average: 72.7777), the exchange rate shifted by +8.5108 (+11.69%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 73.6823 | 70.8229 | 72.4133 |
| February | 73.6361 | 71.0670 | 72.9101 |
| March | 74.2456 | 70.7892 | 73.1119 |
| April | 76.0163 | 73.6848 | 74.4954 |
| May | 76.1170 | 74.9053 | 75.3963 |
| June | 77.5326 | 75.1274 | 76.4461 |
| July | 78.2202 | 77.1709 | 77.8060 |
| August | 79.6827 | 77.2054 | 78.6762 |
| September | 80.3966 | 78.8570 | 79.5755 |
| October | 82.0412 | 80.1502 | 80.7655 |
| November | 82.4053 | 78.6422 | 81.2885 |
| December | 81.4843 | 77.4333 | 79.4124 |