2018 BIF to MGA Historical Review

YEARLY HIGH

2.0542 MGA

YEARLY LOW

1.7322 MGA

YEARLY AVERAGE

1.8796 MGA

2018 BIF to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BIF to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 2.0542. Conversely, the yearly low was recorded on March 10, dropping to 1.7322.

This high-to-low spread represents a total annual volatility of 0.3220 MGA. From a start-to-finish perspective, comparing the January average rate of 1.8392 to the December average rate of 1.9649, the exchange rate registered a net change of 6.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.0542 was up 1.61% compared to the 2017 peak of 2.0217, 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 10,271 MGA

2017 Average 9,068 MGA

Yearly Trough Low 8,661 MGA

Transaction Impact: A difference of 1,610.15 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.0207

1.7621

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 1.8282, compared to 1.9309 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1027 points.

H1 Avg (Jan–Jun) 1.8282

H2 Avg (Jul–Dec) 1.9309

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.1348 MGA (High: 2.0542 / Low: 1.9194). On the other end, April was the most stable month, with a tight range of 0.0459 MGA (High: 1.8426 / Low: 1.7967).

December Spread (Volatile) ±0.1348

April Spread (Stable) ±0.0459

Growth Streaks & Declines

Trends

Between March and June, 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 January and February, when the average rate fell by 0.0437 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0437

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 1.9649) against the same month in 2017 (average: 1.8345), the exchange rate shifted by +0.1304 (+7.11%).

2018 Avg (December) 1.9649

2017 Avg (December) 1.8345

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8613	1.8097	1.8392
February	1.8331	1.7601	1.7956
March	1.8267	1.7322	1.7837
April	1.8426	1.7967	1.8152
May	1.8817	1.8111	1.8394
June	1.9363	1.8557	1.8960
July	1.9227	1.8531	1.8877
August	1.8839	1.8379	1.8631
September	1.9379	1.8839	1.9159
October	1.9870	1.9210	1.9548
November	2.0442	1.9421	1.9992
December	2.0542	1.9194	1.9649