2020 ZAR to MGA Historical Review

YEARLY HIGH

268.1869 MGA

YEARLY LOW

195.4873 MGA

YEARLY AVERAGE

232.6862 MGA

2020 ZAR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ZAR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 268.1869. Conversely, the yearly low was recorded on April 5, dropping to 195.4873.

This high-to-low spread represents a total annual volatility of 72.6996 MGA. From a start-to-finish perspective, comparing the January average rate of 255.5540 to the December average rate of 256.8528, the exchange rate registered a net change of 0.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 268.1869 was up 0.67% compared to the 2019 peak of 266.3943, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,409,343 MGA

2019 Average 12,578,228 MGA

Yearly Trough Low 9,774,364 MGA

Transaction Impact: A difference of 3,634,978.62 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

262.2685

197.2801

JanuMarcMayJulySeptNove

ZAR 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 226.8665, compared to 238.5060 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.6395 points.

H1 Avg (Jan–Jun) 226.8665

H2 Avg (Jul–Dec) 238.5060

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 34.5081 MGA (High: 242.1416 / Low: 207.6335). On the other end, October was the most stable month, with a tight range of 10.9782 MGA (High: 243.8162 / Low: 232.8381).

March Spread (Volatile) ±34.5081

October Spread (Stable) ±10.9782

Growth Streaks & Declines

Trends

Between August and December, 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 February and March, when the average rate fell by 22.6212 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -22.6212

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 256.8528) against the same month in 2019 (average: 250.5900), the exchange rate shifted by +6.2628 (+2.50%).

2020 Avg (December) 256.8528

2019 Avg (December) 250.5900

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	264.8166	241.5560	255.5540
February	249.6354	237.6210	246.0910
March	242.1416	207.6335	223.4698
April	210.5953	195.4873	202.6958
May	219.5713	199.5994	209.8923
June	230.7410	218.7029	223.4960
July	234.4187	222.7449	229.2966
August	232.3233	214.8243	222.9032
September	238.8197	225.5672	230.9166
October	243.8162	232.8381	238.3528
November	258.5399	241.9884	252.7138
December	268.1869	243.2850	256.8528