YEARLY HIGH
2.0217 MGA
YEARLY LOW
1.6694 MGA
YEARLY AVERAGE
1.8139 MGA

2017 BIF to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BIF to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 2.0217. Conversely, the yearly low was recorded on August 3, dropping to 1.6694.

This high-to-low spread represents a total annual volatility of 0.3523 MGA. From a start-to-finish perspective, comparing the January average rate of 1.9536 to the December average rate of 1.8345, the exchange rate registered a net change of -6.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.0217 was down 3.80% compared to the 2016 peak of 2.1015, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,108 MGA
2016 Average 9,839 MGA
Yearly Trough Low 8,347 MGA
Transaction Impact: A difference of 1,761.51 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.9784
1.6808
JanuMarcMayJulySeptNove

BIF 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 1.8724, compared to 1.7555 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1169 points.

H1 Avg (Jan–Jun) 1.8724
H2 Avg (Jul–Dec) 1.7555

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.1508 MGA (High: 1.9491 / Low: 1.7982). On the other end, November was the most stable month, with a tight range of 0.0464 MGA (High: 1.8374 / Low: 1.7910).

March Spread (Volatile) ±0.1508
November Spread (Stable) ±0.0464

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.1018 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 1.9536) against the same month in 2016 (average: 2.0562), the exchange rate shifted by -0.1026 (-4.99%).

2017 Avg (January) 1.9536
2016 Avg (January) 2.0562

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0217 1.8881 1.9536
February 1.9057 1.8100 1.8616
March 1.9491 1.7982 1.8788
April 1.9360 1.8670 1.8863
May 1.8847 1.7801 1.8375
June 1.8674 1.7502 1.8167
July 1.7815 1.6768 1.7150
August 1.7272 1.6694 1.7056
September 1.7558 1.6874 1.7119
October 1.8008 1.7283 1.7555
November 1.8374 1.7910 1.8105
December 1.8548 1.8077 1.8345