2017 ARS to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 ARS to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the ARS to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on April 24, valuing the pair at 213.0975. Conversely, the yearly low was recorded on August 13, dropping to 164.9993.
This high-to-low spread represents a total annual volatility of 48.0982 MGA. From a start-to-finish perspective, comparing the January average rate of 206.5591 to the December average rate of 182.1285, the exchange rate registered a net change of -11.83% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 213.0975 was down 14.43% compared to the 2016 peak of 249.0291, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ARS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
ARS 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 202.8464, compared to 176.0610 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 26.7854 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was June, with a trading range of 21.2993 MGA (High: 202.9247 / Low: 181.6254). On the other end, September was the most stable month, with a tight range of 5.2591 MGA (High: 175.9574 / Low: 170.6982).
Growth Streaks & Declines
TrendsBetween 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 22.2370 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2017: 208.7303) against the same month in 2016 (average: 221.2347), the exchange rate shifted by -12.5045 (-5.65%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 212.5122 | 200.2216 | 206.5591 |
| February | 206.6782 | 198.0614 | 202.4212 |
| March | 211.9727 | 197.7099 | 205.3463 |
| April | 213.0975 | 204.2680 | 208.7303 |
| May | 209.3295 | 190.3155 | 199.3666 |
| June | 202.9247 | 181.6254 | 194.6552 |
| July | 183.4072 | 165.2920 | 172.4182 |
| August | 174.4458 | 164.9993 | 170.2067 |
| September | 175.9574 | 170.6982 | 173.4269 |
| October | 179.6593 | 174.2350 | 176.3772 |
| November | 185.2649 | 179.3125 | 181.8086 |
| December | 187.0329 | 168.6200 | 182.1285 |