YEARLY HIGH
2444.9922 MGA
YEARLY LOW
2108.8438 MGA
YEARLY AVERAGE
2262.2209 MGA

2017 BND to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BND to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2444.9922. Conversely, the yearly low was recorded on July 6, dropping to 2108.8438.

This high-to-low spread represents a total annual volatility of 336.1484 MGA. From a start-to-finish perspective, comparing the January average rate of 2295.8661 to the December average rate of 2396.7910, the exchange rate registered a net change of 4.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2444.9922 was down 0.19% compared to the 2016 peak of 2449.6442, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,224,961 MGA
2016 Average 11,508,620 MGA
Yearly Trough Low 10,544,219 MGA
Transaction Impact: A difference of 1,680,742.16 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2420.6813
2133.9980
JanuMarcMayJulySeptNove

BND 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 2265.0227, compared to 2259.4190 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.6037 points.

H1 Avg (Jan–Jun) 2265.0227
H2 Avg (Jul–Dec) 2259.4190

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 182.4789 MGA (High: 2354.0890 / Low: 2171.6102). On the other end, September was the most stable month, with a tight range of 67.4291 MGA (High: 2249.1416 / Low: 2181.7126).

March Spread (Volatile) ±182.4789
September Spread (Stable) ±67.4291

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 June and July, when the average rate fell by 106.6119 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -106.6119

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 2396.7910) against the same month in 2016 (average: 2321.6648), the exchange rate shifted by +75.1262 (+3.24%).

2017 Avg (December) 2396.7910
2016 Avg (December) 2321.6648

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2341.3247 2236.8590 2295.8661
February 2280.1237 2191.3127 2229.2368
March 2354.0890 2171.6102 2268.1407
April 2353.7639 2262.0027 2288.2796
May 2292.0870 2201.9161 2244.1131
June 2333.4872 2193.1991 2264.5001
July 2225.5875 2108.8438 2157.8882
August 2205.8334 2132.6966 2179.1691
September 2249.1416 2181.7126 2214.8025
October 2307.4795 2225.3664 2262.5619
November 2392.2975 2319.5491 2345.3014
December 2444.9922 2350.4495 2396.7910