2018 BGN to MGA Historical Review

YEARLY HIGH

2135.5147 MGA

YEARLY LOW

1921.6306 MGA

YEARLY AVERAGE

2016.2637 MGA

2018 BGN to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BGN to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 2135.5147. Conversely, the yearly low was recorded on August 11, dropping to 1921.6306.

This high-to-low spread represents a total annual volatility of 213.8842 MGA. From a start-to-finish perspective, comparing the January average rate of 2022.6249 to the December average rate of 2065.5168, the exchange rate registered a net change of 2.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2135.5147 was up 6.69% compared to the 2017 peak of 2001.5896, 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 10,677,574 MGA

2017 Average 9,015,872 MGA

Yearly Trough Low 9,608,153 MGA

Transaction Impact: A difference of 1,069,420.80 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2104.2878

1937.4545

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 2001.0462, compared to 2031.4812 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 30.4350 points.

H1 Avg (Jan–Jun) 2001.0462

H2 Avg (Jul–Dec) 2031.4812

Volatility Range Comparison

Volatility

The most volatile month in 2018 was February, with a trading range of 109.8747 MGA (High: 2058.0987 / Low: 1948.2240). On the other end, May was the most stable month, with a tight range of 50.0557 MGA (High: 1990.5794 / Low: 1940.5237).

February Spread (Volatile) ±109.8747

May Spread (Stable) ±50.0557

Growth Streaks & Declines

Trends

Between 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 47.8393 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -47.8393

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 2090.3850) against the same month in 2017 (average: 1908.8741), the exchange rate shifted by +181.5109 (+9.51%).

2018 Avg (November) 2090.3850

2017 Avg (November) 1908.8741

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2047.9798	1981.3126	2022.6249
February	2058.0987	1948.2240	2001.2413
March	2038.3368	1936.0378	1986.3234
April	2044.5797	1987.6430	2018.2870
May	1990.5794	1940.5237	1970.4477
June	2051.1872	1974.3822	2007.3529
July	2028.4247	1955.0898	1998.4906
August	1993.1423	1921.6306	1951.3573
September	2054.7849	1979.7438	2026.6530
October	2097.1526	2023.5781	2056.4845
November	2135.5147	2053.2924	2090.3850
December	2130.8575	2034.4691	2065.5168