2020 TWD to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 TWD to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the TWD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 140.0257. Conversely, the yearly low was recorded on February 1, dropping to 119.3966.
This high-to-low spread represents a total annual volatility of 20.6291 MGA. From a start-to-finish perspective, comparing the January average rate of 122.6473 to the December average rate of 135.4791, the exchange rate registered a net change of 10.46% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 140.0257 was up 13.34% compared to the 2019 peak of 123.5485, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
TWD 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 125.1454, compared to 133.8120 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.6666 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was December, with a trading range of 9.0250 MGA (High: 139.7499 / Low: 130.7249). On the other end, May was the most stable month, with a tight range of 1.6030 MGA (High: 127.8628 / Low: 126.2598).
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 1.9269 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2020: 136.4839) against the same month in 2019 (average: 120.2673), the exchange rate shifted by +16.2166 (+13.48%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 124.4189 | 119.3966 | 122.6473 |
| February | 124.0768 | 119.3966 | 122.7832 |
| March | 124.9415 | 120.4941 | 123.6337 |
| April | 128.1560 | 123.9874 | 125.4853 |
| May | 127.8628 | 126.2598 | 127.2271 |
| June | 131.3466 | 125.8893 | 129.0959 |
| July | 131.9038 | 129.6475 | 130.6354 |
| August | 131.4607 | 128.7177 | 130.6763 |
| September | 134.6628 | 130.7345 | 132.1914 |
| October | 140.0257 | 134.6952 | 136.4839 |
| November | 139.3954 | 132.5978 | 137.4061 |
| December | 139.7499 | 130.7249 | 135.4791 |