2019 BIF to MGA Historical Review

YEARLY HIGH

2.0412 MGA

YEARLY LOW

1.2990 MGA

YEARLY AVERAGE

1.9724 MGA

2019 BIF to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BIF to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 2.0412. Conversely, the yearly low was recorded on December 16, dropping to 1.2990.

This high-to-low spread represents a total annual volatility of 0.7422 MGA. From a start-to-finish perspective, comparing the January average rate of 1.9717 to the December average rate of 1.9205, the exchange rate registered a net change of -2.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.0412 was down 0.63% compared to the 2018 peak of 2.0542, 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 10,206 MGA

2018 Average 9,400 MGA

Yearly Trough Low 6,495 MGA

Transaction Impact: A difference of 3,710.95 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.0295

1.9106

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 1.9669, compared to 1.9779 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0110 points.

H1 Avg (Jan–Jun) 1.9669

H2 Avg (Jul–Dec) 1.9779

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.6651 MGA (High: 1.9641 / Low: 1.2990). On the other end, June was the most stable month, with a tight range of 0.0294 MGA (High: 1.9956 / Low: 1.9662).

December Spread (Volatile) ±0.6651

June Spread (Stable) ±0.0294

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0506 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0506

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 2.0196) against the same month in 2018 (average: 1.9159), the exchange rate shifted by +0.1037 (+5.41%).

2019 Avg (September) 2.0196

2018 Avg (September) 1.9159

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0310	1.9262	1.9717
February	2.0109	1.8974	1.9498
March	1.9678	1.9083	1.9460
April	1.9964	1.9400	1.9720
May	2.0045	1.9601	1.9835
June	1.9956	1.9662	1.9784
July	1.9909	1.9492	1.9730
August	2.0221	1.9813	1.9993
September	2.0412	1.9926	2.0196
October	2.0185	1.9465	1.9840
November	1.9979	1.9294	1.9711
December	1.9641	1.2990	1.9205