YEARLY HIGH
1091.7330 MGA
YEARLY LOW
994.2324 MGA
YEARLY AVERAGE
1046.2694 MGA

2020 QAR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the QAR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 1091.7330. Conversely, the yearly low was recorded on January 4, dropping to 994.2324.

This high-to-low spread represents a total annual volatility of 97.5007 MGA. From a start-to-finish perspective, comparing the January average rate of 1010.9837 to the December average rate of 1048.4993, the exchange rate registered a net change of 3.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1091.7330 was up 5.13% compared to the 2019 peak of 1038.4362, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,458,665 MGA
2019 Average 4,988,951 MGA
Yearly Trough Low 4,971,162 MGA
Transaction Impact: A difference of 487,503.43 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1083.6469
1004.3779
JanuMarcMayJulySeptNove

QAR 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 1030.6735, compared to 1061.8654 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 31.1919 points.

H1 Avg (Jan–Jun) 1030.6735
H2 Avg (Jul–Dec) 1061.8654

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 52.5411 MGA (High: 1091.7330 / Low: 1039.1920). On the other end, May was the most stable month, with a tight range of 12.5381 MGA (High: 1050.9617 / Low: 1038.4235).

November Spread (Volatile) ±52.5411
May Spread (Stable) ±12.5381

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 28.5418 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -28.5418

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 1077.0411) against the same month in 2019 (average: 1013.5889), the exchange rate shifted by +63.4522 (+6.26%).

2020 Avg (November) 1077.0411
2019 Avg (November) 1013.5889

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1022.3884 994.2324 1010.9837
February 1025.3472 995.6056 1017.3533
March 1035.5096 1001.1002 1022.4335
April 1050.0976 1029.8661 1036.4415
May 1050.9617 1038.4235 1045.9513
June 1063.5442 1027.8770 1050.8777
July 1063.4611 1044.2186 1055.8025
August 1058.5223 1040.6482 1053.6141
September 1069.8722 1053.0415 1060.3610
October 1091.4620 1069.0013 1075.8741
November 1091.7330 1039.1920 1077.0411
December 1073.5959 1021.6973 1048.4993