2017 BAM to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 BAM to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the BAM to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2001.6400. Conversely, the yearly low was recorded on March 2, dropping to 1650.5118.
This high-to-low spread represents a total annual volatility of 351.1282 MGA. From a start-to-finish perspective, comparing the January average rate of 1783.0876 to the December average rate of 1953.3585, the exchange rate registered a net change of 9.55% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 2001.6400 was up 4.75% compared to the 2016 peak of 1910.8807, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BAM based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
BAM 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 1760.0830, compared to 1844.3045 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 84.2216 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was March, with a trading range of 161.4123 MGA (High: 1811.9241 / Low: 1650.5118). On the other end, May was the most stable month, with a tight range of 55.7531 MGA (High: 1801.0993 / Low: 1745.3462).
Growth Streaks & Declines
TrendsBetween July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 66.9143 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 1953.3585) against the same month in 2016 (average: 1795.8417), the exchange rate shifted by +157.5168 (+8.77%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1814.6072 | 1742.7611 | 1783.0876 |
| February | 1776.6284 | 1662.2728 | 1716.1733 |
| March | 1811.9241 | 1650.5118 | 1742.1565 |
| April | 1822.2991 | 1732.8178 | 1752.6529 |
| May | 1801.0993 | 1745.3462 | 1768.9124 |
| June | 1846.7799 | 1763.6331 | 1797.5151 |
| July | 1789.8651 | 1696.7512 | 1743.1154 |
| August | 1824.7326 | 1755.5816 | 1790.6914 |
| September | 1851.9746 | 1795.0990 | 1820.8729 |
| October | 1877.6515 | 1819.0070 | 1850.1529 |
| November | 1955.5204 | 1875.0498 | 1907.6361 |
| December | 2001.6400 | 1911.1723 | 1953.3585 |