2020 RON to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 RON to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the RON to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 977.2450. Conversely, the yearly low was recorded on March 22, dropping to 827.4046.
This high-to-low spread represents a total annual volatility of 149.8404 MGA. From a start-to-finish perspective, comparing the January average rate of 855.3098 to the December average rate of 954.2570, the exchange rate registered a net change of 11.57% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 977.2450 was up 10.20% compared to the 2019 peak of 886.7819, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RON based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
RON 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 858.4602, compared to 939.8782 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 81.4180 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was December, with a trading range of 52.1480 MGA (High: 977.2450 / Low: 925.0970). On the other end, February was the most stable month, with a tight range of 15.2919 MGA (High: 854.7420 / Low: 839.4501).
Growth Streaks & Declines
TrendsBetween 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 January and February, when the average rate fell by 9.6599 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 954.2570) against the same month in 2019 (average: 838.3568), the exchange rate shifted by +115.9002 (+13.82%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 869.9027 | 836.2168 | 855.3098 |
| February | 854.7420 | 839.4501 | 845.6499 |
| March | 869.6700 | 827.4046 | 852.2246 |
| April | 859.4028 | 838.7385 | 848.0641 |
| May | 872.6338 | 850.4580 | 859.5681 |
| June | 902.6527 | 871.2537 | 889.9450 |
| July | 941.1720 | 893.6872 | 910.5018 |
| August | 950.0940 | 922.9083 | 938.6313 |
| September | 944.2247 | 925.7490 | 936.2335 |
| October | 956.5430 | 937.3279 | 945.8175 |
| November | 967.8126 | 926.5185 | 953.8281 |
| December | 977.2450 | 925.0970 | 954.2570 |