2017 BBD to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 BBD to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the BBD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 1683.3473. Conversely, the yearly low was recorded on July 25, dropping to 1449.5798.
This high-to-low spread represents a total annual volatility of 233.7675 MGA. From a start-to-finish perspective, comparing the January average rate of 1640.5138 to the December average rate of 1613.1550, the exchange rate registered a net change of -1.67% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 1683.3473 was down 0.49% compared to the 2016 peak of 1691.6004, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BBD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
BBD 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 1590.3098, compared to 1532.9344 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 57.3754 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was March, with a trading range of 112.2871 MGA (High: 1646.9750 / Low: 1534.6879). On the other end, November was the most stable month, with a tight range of 35.2750 MGA (High: 1611.3500 / Low: 1576.0750).
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 June and July, when the average rate fell by 87.2025 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 1640.5138) against the same month in 2016 (average: 1605.4564), the exchange rate shifted by +35.0575 (+2.18%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1683.3473 | 1595.7237 | 1640.5138 |
| February | 1607.1799 | 1532.5000 | 1576.2854 |
| March | 1646.9750 | 1534.6879 | 1593.3976 |
| April | 1639.7849 | 1581.2383 | 1600.7027 |
| May | 1598.9633 | 1530.9129 | 1564.6399 |
| June | 1611.8750 | 1509.6250 | 1566.3195 |
| July | 1538.8258 | 1449.5798 | 1479.1170 |
| August | 1498.0724 | 1452.3649 | 1482.4776 |
| September | 1523.1750 | 1467.4500 | 1494.3063 |
| October | 1581.8106 | 1515.0000 | 1539.2396 |
| November | 1611.3500 | 1576.0750 | 1589.3112 |
| December | 1631.1540 | 1587.7016 | 1613.1550 |