2020 THB to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 THB to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the THB to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 131.8625. Conversely, the yearly low was recorded on March 16, dropping to 113.2763.
This high-to-low spread represents a total annual volatility of 18.5861 MGA. From a start-to-finish perspective, comparing the January average rate of 121.0109 to the December average rate of 127.0065, the exchange rate registered a net change of 4.95% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 131.8625 was up 5.95% compared to the 2019 peak of 124.4561, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 THB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
THB 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 118.7808, compared to 124.9416 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.1608 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was December, with a trading range of 7.4116 MGA (High: 130.5109 / Low: 123.0993). On the other end, September was the most stable month, with a tight range of 1.9334 MGA (High: 124.2817 / Low: 122.3483).
Growth Streaks & Declines
TrendsBetween July and November, 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 2.8092 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2020: 128.8827) against the same month in 2019 (average: 122.0115), the exchange rate shifted by +6.8712 (+5.63%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 123.3812 | 116.1531 | 121.0109 |
| February | 119.2913 | 116.1531 | 118.2017 |
| March | 118.3511 | 113.2763 | 116.1396 |
| April | 118.0063 | 113.4399 | 115.6289 |
| May | 119.8931 | 115.9614 | 118.8034 |
| June | 125.3598 | 118.8303 | 122.9002 |
| July | 124.2142 | 120.5864 | 122.3748 |
| August | 124.0451 | 121.3539 | 122.9204 |
| September | 124.2817 | 122.3483 | 123.1172 |
| October | 127.2499 | 123.4239 | 125.3480 |
| November | 131.8625 | 124.9897 | 128.8827 |
| December | 130.5109 | 123.0993 | 127.0065 |