YEARLY HIGH
634.0690 MGA
YEARLY LOW
457.4780 MGA
YEARLY AVERAGE
546.7948 MGA

2020 TRY to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 634.0690. Conversely, the yearly low was recorded on November 7, dropping to 457.4780.

This high-to-low spread represents a total annual volatility of 176.5910 MGA. From a start-to-finish perspective, comparing the January average rate of 621.3042 to the December average rate of 495.9484, the exchange rate registered a net change of -20.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 634.0690 was down 7.89% compared to the 2019 peak of 688.3566, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 31,703,449 MGA
2019 Average 31,998,004 MGA
Yearly Trough Low 22,873,900 MGA
Transaction Impact: A difference of 8,829,548.67 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

634.1433
480.0738
JanuMarcMayJulySeptNove

TRY 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 580.2045, compared to 513.3850 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 66.8195 points.

H1 Avg (Jan–Jun) 580.2045
H2 Avg (Jul–Dec) 513.3850

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 62.6159 MGA (High: 520.0939 / Low: 457.4780). On the other end, June was the most stable month, with a tight range of 14.0663 MGA (High: 566.8728 / Low: 552.8065).

November Spread (Volatile) ±62.6159
June Spread (Stable) ±14.0663

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 35.8603 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -35.8603

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 621.3042) against the same month in 2019 (average: 664.1870), the exchange rate shifted by -42.8828 (-6.46%).

2020 Avg (January) 621.3042
2019 Avg (January) 664.1870

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 634.0690 605.9846 621.3042
February 618.3453 596.4410 610.6507
March 607.8847 566.8838 586.8188
April 568.7028 540.9304 550.9586
May 567.0836 527.7948 550.2731
June 566.8728 552.8065 561.2217
July 564.4652 545.2850 559.4806
August 552.6299 517.6752 527.3332
September 520.1069 497.5087 511.5281
October 503.6538 470.2401 492.9129
November 520.0939 457.4780 493.1069
December 524.9374 473.7103 495.9484