YEARLY HIGH
2001.5896 MGA
YEARLY LOW
1651.3722 MGA
YEARLY AVERAGE
1802.6494 MGA

2017 BGN to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BGN to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2001.5896. Conversely, the yearly low was recorded on March 2, dropping to 1651.3722.

This high-to-low spread represents a total annual volatility of 350.2174 MGA. From a start-to-finish perspective, comparing the January average rate of 1783.3796 to the December average rate of 1953.8485, the exchange rate registered a net change of 9.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2001.5896 was up 4.78% compared to the 2016 peak of 1910.2317, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BGN based on timing:

Yearly Peak High 10,007,948 MGA
2016 Average 8,987,737 MGA
Yearly Trough Low 8,256,861 MGA
Transaction Impact: A difference of 1,751,086.91 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1977.7160
1691.3058
JanuMarcMayJulySeptNove

BGN to MGA Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 1760.3724, compared to 1844.9264 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 84.5540 points.

H1 Avg (Jan–Jun) 1760.3724
H2 Avg (Jul–Dec) 1844.9264

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 160.9253 MGA (High: 1812.2975 / Low: 1651.3722). On the other end, September was the most stable month, with a tight range of 48.9207 MGA (High: 1846.2525 / Low: 1797.3318).

March Spread (Volatile) ±160.9253
September Spread (Stable) ±48.9207

Growth Streaks & Declines

Trends

Between 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 68.2063 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -68.2063

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 1953.8485) against the same month in 2016 (average: 1796.6006), the exchange rate shifted by +157.2479 (+8.75%).

2017 Avg (December) 1953.8485
2016 Avg (December) 1796.6006

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1815.5548 1744.6021 1783.3796
February 1777.0420 1656.8821 1715.1733
March 1812.2975 1651.3722 1742.4196
April 1821.9833 1730.5156 1752.9386
May 1799.0938 1746.4464 1769.5546
June 1848.9056 1763.7145 1798.7685
July 1789.1731 1700.5706 1744.5722
August 1823.6772 1755.9195 1791.9500
September 1846.2525 1797.3318 1820.8205
October 1877.6794 1818.2964 1849.4932
November 1952.7255 1874.2237 1908.8741
December 2001.5896 1912.3290 1953.8485