YEARLY HIGH
2799.3441 MGA
YEARLY LOW
1798.2947 MGA
YEARLY AVERAGE
2649.1623 MGA

2019 BND to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BND to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 2799.3441. Conversely, the yearly low was recorded on December 16, dropping to 1798.2947.

This high-to-low spread represents a total annual volatility of 1001.0494 MGA. From a start-to-finish perspective, comparing the January average rate of 2270.4080 to the December average rate of 2657.8104, the exchange rate registered a net change of 17.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 2799.3441 was up 4.75% compared to the 2018 peak of 2672.3773, 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 13,996,720 MGA
2018 Average 11,894,484 MGA
Yearly Trough Low 8,991,473 MGA
Transaction Impact: A difference of 5,005,247.15 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2816.8426
2220.7321
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 2590.2054, compared to 2708.1192 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 117.9137 points.

H1 Avg (Jan–Jun) 2590.2054
H2 Avg (Jul–Dec) 2708.1192

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 945.2870 MGA (High: 2743.5816 / Low: 1798.2947). On the other end, July was the most stable month, with a tight range of 42.4523 MGA (High: 2714.8260 / Low: 2672.3737).

December Spread (Volatile) ±945.2870
July Spread (Stable) ±42.4523

Growth Streaks & Declines

Trends

Between January and June, 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 September and October, when the average rate fell by 76.1086 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -76.1086

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 2767.1667) against the same month in 2018 (average: 2304.2127), the exchange rate shifted by +462.9540 (+20.09%).

2019 Avg (September) 2767.1667
2018 Avg (September) 2304.2127

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2615.4772 2209.2285 2270.4080
February 2679.3781 2195.4872 2578.6282
March 2652.1608 2587.4514 2622.0425
April 2700.4016 2632.0582 2674.2209
May 2727.9304 2664.2428 2696.5957
June 2717.4215 2660.3815 2699.3371
July 2714.8260 2672.3737 2692.0520
August 2758.3583 2687.4746 2729.4715
September 2799.3441 2704.0646 2767.1667
October 2753.3340 2647.0145 2691.0581
November 2754.3393 2640.0303 2711.1563
December 2743.5816 1798.2947 2657.8104