2017 AZN to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 AZN to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the AZN to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on April 24, valuing the pair at 1955.0342. Conversely, the yearly low was recorded on February 4, dropping to 1633.9908.
This high-to-low spread represents a total annual volatility of 321.0434 MGA. From a start-to-finish perspective, comparing the January average rate of 1772.2739 to the December average rate of 1901.0276, the exchange rate registered a net change of 7.26% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 1955.0342 was down 10.92% compared to the 2016 peak of 2194.6328, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
AZN 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 1823.6962, compared to 1808.9295 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 14.7667 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 239.6714 MGA (High: 1875.0221 / Low: 1635.3507). On the other end, November was the most stable month, with a tight range of 41.5366 MGA (High: 1897.3800 / Low: 1855.8434).
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 96.6566 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2017: 1899.1640) against the same month in 2016 (average: 2099.1461), the exchange rate shifted by -199.9821 (-9.53%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1875.0221 | 1635.3507 | 1772.2739 |
| February | 1794.5200 | 1633.9908 | 1727.4135 |
| March | 1931.9355 | 1723.7732 | 1836.7895 |
| April | 1955.0342 | 1860.9776 | 1899.1640 |
| May | 1906.3646 | 1807.3235 | 1857.1692 |
| June | 1903.0121 | 1790.7239 | 1849.3673 |
| July | 1825.3619 | 1719.5490 | 1752.7107 |
| August | 1777.0262 | 1708.6646 | 1750.8023 |
| September | 1807.6547 | 1732.3529 | 1761.5436 |
| October | 1862.5972 | 1782.3529 | 1816.3400 |
| November | 1897.3800 | 1855.8434 | 1871.1529 |
| December | 1930.9310 | 1867.8843 | 1901.0276 |