YEARLY HIGH
2672.3773 MGA
YEARLY LOW
2171.6214 MGA
YEARLY AVERAGE
2379.2445 MGA

2018 BND to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BND to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 2672.3773. Conversely, the yearly low was recorded on July 29, dropping to 2171.6214.

This high-to-low spread represents a total annual volatility of 500.7559 MGA. From a start-to-finish perspective, comparing the January average rate of 2453.3994 to the December average rate of 2264.2361, the exchange rate registered a net change of -7.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2672.3773 was up 9.30% compared to the 2017 peak of 2444.9922, 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 13,361,886 MGA
2017 Average 11,311,583 MGA
Yearly Trough Low 10,858,107 MGA
Transaction Impact: A difference of 2,503,779.68 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2515.3616
2168.1057
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 2408.8523, compared to 2349.6367 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 59.2156 points.

H1 Avg (Jan–Jun) 2408.8523
H2 Avg (Jul–Dec) 2349.6367

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 464.5048 MGA (High: 2672.3773 / Low: 2207.8725). On the other end, January was the most stable month, with a tight range of 45.7301 MGA (High: 2472.8182 / Low: 2427.0881).

December Spread (Volatile) ±464.5048
January Spread (Stable) ±45.7301

Growth Streaks & Declines

Trends

Between August and October, 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 219.0527 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -219.0527

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 2264.2361) against the same month in 2017 (average: 2396.7910), the exchange rate shifted by -132.5549 (-5.53%).

2018 Avg (December) 2264.2361
2017 Avg (December) 2396.7910

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2472.8182 2427.0881 2453.3994
February 2454.3949 2362.2113 2400.9166
March 2452.3152 2334.6860 2395.1382
April 2470.7578 2409.2963 2442.7264
May 2462.6942 2216.6132 2412.2742
June 2557.1370 2201.3988 2348.6587
July 2511.3111 2171.6214 2362.6154
August 2422.7767 2172.6454 2197.0436
September 2501.9204 2208.2561 2304.2127
October 2553.2181 2436.6612 2486.4236
November 2647.2361 2296.8304 2483.2888
December 2672.3773 2207.8725 2264.2361