YEARLY HIGH
50.6443 MGA
YEARLY LOW
42.3263 MGA
YEARLY AVERAGE
45.9890 MGA

2017 AFN to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the AFN to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 50.6443. Conversely, the yearly low was recorded on July 25, dropping to 42.3263.

This high-to-low spread represents a total annual volatility of 8.3181 MGA. From a start-to-finish perspective, comparing the January average rate of 49.1733 to the December average rate of 46.6028, the exchange rate registered a net change of -5.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 50.6443 was down 1.23% compared to the 2016 peak of 51.2738, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 AFN based on timing:

Yearly Peak High 253,222 MGA
2016 Average 234,464 MGA
Yearly Trough Low 211,631 MGA
Transaction Impact: A difference of 41,590.26 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

49.7589
42.7321
JanuMarcMayJulySeptNove

AFN 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 47.2732, compared to 44.7047 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.5685 points.

H1 Avg (Jan–Jun) 47.2732
H2 Avg (Jul–Dec) 44.7047

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 3.4603 MGA (High: 49.4020 / Low: 45.9417). On the other end, November was the most stable month, with a tight range of 0.9184 MGA (High: 46.8744 / Low: 45.9561).

March Spread (Volatile) ±3.4603
November Spread (Stable) ±0.9184

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 June and July, when the average rate fell by 2.6579 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -2.6579

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 49.1733) against the same month in 2016 (average: 46.8147), the exchange rate shifted by +2.3586 (+5.04%).

2017 Avg (January) 49.1733
2016 Avg (January) 46.8147

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 50.6443 47.7760 49.1733
February 48.3290 45.8831 47.1754
March 49.4020 45.9417 47.7820
April 48.5574 46.7815 47.4763
May 47.4398 44.9490 46.0283
June 47.2817 44.4907 46.0041
July 45.1480 42.3263 43.3462
August 43.7744 42.6827 43.3177
September 44.3615 42.8517 43.5875
October 46.2723 44.3449 45.0723
November 46.8744 45.9561 46.3017
December 47.0201 46.0133 46.6028