2018 BAM to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 BAM to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the BAM to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 2134.6210. Conversely, the yearly low was recorded on August 15, dropping to 1924.2950.
This high-to-low spread represents a total annual volatility of 210.3259 MGA. From a start-to-finish perspective, comparing the January average rate of 2020.7529 to the December average rate of 2066.5993, the exchange rate registered a net change of 2.27% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 2134.6210 was up 6.64% compared to the 2017 peak of 2001.6400, 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 2018.
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 2001.3433, compared to 2035.0773 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 33.7340 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was July, with a trading range of 127.2684 MGA (High: 2077.2284 / Low: 1949.9600). On the other end, April was the most stable month, with a tight range of 45.5972 MGA (High: 2038.7310 / Low: 1993.1337).
Growth Streaks & Declines
TrendsBetween August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 49.6237 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 2096.7981) against the same month in 2017 (average: 1907.6361), the exchange rate shifted by +189.1619 (+9.92%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2051.6213 | 1981.6230 | 2020.7529 |
| February | 2060.3409 | 1950.6866 | 2001.5126 |
| March | 2034.5510 | 1943.1847 | 1986.2629 |
| April | 2038.7310 | 1993.1337 | 2020.9736 |
| May | 2003.1481 | 1939.5636 | 1971.3499 |
| June | 2054.9514 | 1968.3797 | 2007.2080 |
| July | 2077.2284 | 1949.9600 | 2002.5175 |
| August | 1991.6514 | 1924.2950 | 1953.6041 |
| September | 2081.9365 | 1983.4215 | 2033.6287 |
| October | 2122.6387 | 2030.3273 | 2057.3164 |
| November | 2134.6210 | 2054.1156 | 2096.7981 |
| December | 2130.8735 | 2033.7184 | 2066.5993 |