2019 ARS to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 ARS to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the ARS to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 97.3221. Conversely, the yearly low was recorded on December 16, dropping to 40.7764.
This high-to-low spread represents a total annual volatility of 56.5457 MGA. From a start-to-finish perspective, comparing the January average rate of 95.2553 to the December average rate of 60.2899, the exchange rate registered a net change of -36.71% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 97.3221 was down 45.11% compared to the 2018 peak of 177.3159, 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 2019.
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 87.0168, compared to 68.1177 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 18.8991 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was August, with a trading range of 21.5628 MGA (High: 82.7865 / Low: 61.2237). On the other end, May was the most stable month, with a tight range of 2.1943 MGA (High: 82.3560 / Low: 80.1617).
Growth Streaks & Declines
TrendsBetween May and July, 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 July and August, when the average rate fell by 14.1761 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 95.2553) against the same month in 2018 (average: 170.7134), the exchange rate shifted by -75.4581 (-44.20%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 97.3221 | 92.3885 | 95.2553 |
| February | 95.2536 | 88.3513 | 92.2670 |
| March | 89.1445 | 81.0624 | 85.8690 |
| April | 86.7959 | 78.8836 | 83.9180 |
| May | 82.3560 | 80.1617 | 81.2722 |
| June | 86.2264 | 81.1248 | 83.5191 |
| July | 87.6513 | 83.3179 | 85.7649 |
| August | 82.7865 | 61.2237 | 71.5888 |
| September | 67.7172 | 62.4551 | 66.1292 |
| October | 64.7678 | 60.9122 | 63.0781 |
| November | 62.8095 | 60.2039 | 61.8552 |
| December | 61.7591 | 40.7764 | 60.2899 |