YEARLY HIGH
56.3759 MGA
YEARLY LOW
44.3627 MGA
YEARLY AVERAGE
46.1600 MGA

2018 AFN to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the AFN to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 56.3759. Conversely, the yearly low was recorded on March 8, dropping to 44.3627.

This high-to-low spread represents a total annual volatility of 12.0133 MGA. From a start-to-finish perspective, comparing the January average rate of 46.4637 to the December average rate of 46.9807, the exchange rate registered a net change of 1.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 56.3759 was up 11.32% compared to the 2017 peak of 50.6443, 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 281,880 MGA
2017 Average 229,904 MGA
Yearly Trough Low 221,813 MGA
Transaction Impact: A difference of 60,066.34 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

48.0451
45.1149
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 46.0288, compared to 46.2912 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2624 points.

H1 Avg (Jan–Jun) 46.0288
H2 Avg (Jul–Dec) 46.2912

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 9.4490 MGA (High: 56.3759 / Low: 46.9270). On the other end, August was the most stable month, with a tight range of 0.6809 MGA (High: 45.8238 / Low: 45.1429).

November Spread (Volatile) ±9.4490
August Spread (Stable) ±0.6809

Growth Streaks & Declines

Trends

Between September and November, 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 June and July, when the average rate fell by 0.9673 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.9673

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 47.8009) against the same month in 2017 (average: 46.3017), the exchange rate shifted by +1.4992 (+3.24%).

2018 Avg (November) 47.8009
2017 Avg (November) 46.3017

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 46.9311 45.9859 46.4637
February 46.4957 44.9322 45.6927
March 46.3908 44.3627 45.3591
April 46.7901 45.5160 45.9587
May 46.6187 45.2249 45.8473
June 47.5927 45.2207 46.8512
July 46.9975 44.8680 45.8839
August 45.8238 45.1429 45.4799
September 46.0908 44.8261 45.3684
October 47.0570 45.4491 46.2334
November 56.3759 46.9270 47.8009
December 48.6132 46.1927 46.9807