YEARLY HIGH
48.4365 MGA
YEARLY LOW
30.9362 MGA
YEARLY AVERAGE
46.6572 MGA

2019 AFN to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the AFN to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 48.4365. Conversely, the yearly low was recorded on December 16, dropping to 30.9362.

This high-to-low spread represents a total annual volatility of 17.5003 MGA. From a start-to-finish perspective, comparing the January average rate of 47.1444 to the December average rate of 45.9015, the exchange rate registered a net change of -2.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 48.4365 was down 14.08% compared to the 2018 peak of 56.3759, 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 242,182 MGA
2018 Average 230,801 MGA
Yearly Trough Low 154,681 MGA
Transaction Impact: A difference of 87,501.28 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

48.0563
45.0200
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 46.6217, compared to 46.6927 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0711 points.

H1 Avg (Jan–Jun) 46.6217
H2 Avg (Jul–Dec) 46.6927

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 16.3826 MGA (High: 47.3188 / Low: 30.9362). On the other end, September was the most stable month, with a tight range of 0.9302 MGA (High: 48.3194 / Low: 47.3892).

December Spread (Volatile) ±16.3826
September Spread (Stable) ±0.9302

Growth Streaks & Declines

Trends

Between July and September, 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 November and December, when the average rate fell by 1.2182 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.2182

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 47.2139) against the same month in 2018 (average: 45.6927), the exchange rate shifted by +1.5212 (+3.33%).

2019 Avg (February) 47.2139
2018 Avg (February) 45.6927

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 48.4352 46.0419 47.1444
February 48.4365 46.0031 47.2139
March 47.5235 46.3679 46.9801
April 47.4189 45.7343 46.7601
May 47.0495 45.3385 46.1405
June 46.2801 44.5656 45.4910
July 45.9326 44.8963 45.2731
August 47.7578 45.6896 46.9558
September 48.3194 47.3892 47.8033
October 47.6621 46.4879 47.1030
November 47.8398 45.8159 47.1197
December 47.3188 30.9362 45.9015