2018 AOA to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 AOA to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the AOA to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 19.6630. Conversely, the yearly low was recorded on December 29, dropping to 11.2765.
This high-to-low spread represents a total annual volatility of 8.3866 MGA. From a start-to-finish perspective, comparing the January average rate of 18.2107 to the December average rate of 11.4950, the exchange rate registered a net change of -36.88% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 19.6630 was down 3.44% compared to the 2017 peak of 20.3627, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AOA based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
AOA 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 15.1147, compared to 12.0363 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.0784 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was January, with a trading range of 4.1473 MGA (High: 19.6630 / Low: 15.5157). On the other end, October was the most stable month, with a tight range of 0.3419 MGA (High: 11.7676 / Low: 11.4257).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 3.1255 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2018: 18.2107) against the same month in 2017 (average: 19.7807), the exchange rate shifted by -1.5700 (-7.94%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 19.6630 | 15.5157 | 18.2107 |
| February | 15.5966 | 14.6619 | 15.0852 |
| March | 15.0608 | 14.3742 | 14.7135 |
| April | 15.0692 | 14.2695 | 14.7525 |
| May | 14.3853 | 13.8587 | 14.0308 |
| June | 14.2513 | 13.2992 | 13.8957 |
| July | 13.5860 | 12.7872 | 13.2029 |
| August | 12.7863 | 12.0575 | 12.4413 |
| September | 12.1372 | 11.6123 | 11.9148 |
| October | 11.7676 | 11.4257 | 11.5579 |
| November | 11.8218 | 11.3948 | 11.6060 |
| December | 11.8613 | 11.2765 | 11.4950 |