2018 ARS to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 ARS to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the ARS to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 177.3159. Conversely, the yearly low was recorded on September 29, dropping to 82.9574.
This high-to-low spread represents a total annual volatility of 94.3585 MGA. From a start-to-finish perspective, comparing the January average rate of 170.7134 to the December average rate of 93.9604, the exchange rate registered a net change of -44.96% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 177.3159 was down 16.79% compared to the 2017 peak of 213.0975, 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 2018.
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 151.7573, compared to 101.4184 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 50.3389 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was August, with a trading range of 34.5131 MGA (High: 120.4941 / Low: 85.9810). On the other end, April was the most stable month, with a tight range of 5.0738 MGA (High: 161.1768 / Low: 156.1030).
Growth Streaks & Declines
TrendsBetween 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 August and September, when the average rate fell by 23.1848 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2018: 170.7134) against the same month in 2017 (average: 206.5591), the exchange rate shifted by -35.8456 (-17.35%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 177.3159 | 163.8989 | 170.7134 |
| February | 166.1545 | 155.3528 | 159.8442 |
| March | 159.6960 | 151.3228 | 155.8506 |
| April | 161.1768 | 156.1030 | 158.8885 |
| May | 156.8147 | 129.9663 | 138.7580 |
| June | 135.5195 | 114.7535 | 126.4894 |
| July | 123.9571 | 116.9777 | 121.0851 |
| August | 120.4941 | 85.9810 | 111.4870 |
| September | 91.8213 | 82.9574 | 88.3022 |
| October | 98.6520 | 87.0638 | 94.6459 |
| November | 101.9233 | 92.8816 | 99.0299 |
| December | 99.7252 | 91.6684 | 93.9604 |