YEARLY HIGH
488.9261 MGA
YEARLY LOW
415.5472 MGA
YEARLY AVERAGE
450.2336 MGA

2017 BOB to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BOB to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 488.9261. Conversely, the yearly low was recorded on July 25, dropping to 415.5472.

This high-to-low spread represents a total annual volatility of 73.3789 MGA. From a start-to-finish perspective, comparing the January average rate of 474.2904 to the December average rate of 466.6976, the exchange rate registered a net change of -1.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 488.9261 was down 0.39% compared to the 2016 peak of 490.8195, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,444,631 MGA
2016 Average 2,303,115 MGA
Yearly Trough Low 2,077,736 MGA
Transaction Impact: A difference of 366,894.53 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

479.1633
420.6884
JanuMarcMayJulySeptNove

BOB 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 458.9272, compared to 441.5401 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 17.3871 points.

H1 Avg (Jan–Jun) 458.9272
H2 Avg (Jul–Dec) 441.5401

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 32.7794 MGA (High: 475.4664 / Low: 442.6871). On the other end, November was the most stable month, with a tight range of 9.0536 MGA (High: 463.0354 / Low: 453.9818).

March Spread (Volatile) ±32.7794
November Spread (Stable) ±9.0536

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 25.8161 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -25.8161

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 474.2904) against the same month in 2016 (average: 464.8311), the exchange rate shifted by +9.4593 (+2.03%).

2017 Avg (January) 474.2904
2016 Avg (January) 464.8311

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 488.9261 461.3392 474.2904
February 464.2615 442.2282 455.4494
March 475.4664 442.6871 460.2646
April 473.6304 456.8468 461.5552
May 461.4094 439.4708 450.6262
June 463.3836 435.2534 451.3774
July 442.3007 415.5472 425.5613
August 429.8364 418.9591 425.9175
September 434.7458 421.9716 428.0594
October 456.1236 436.0660 445.1626
November 463.0354 453.9818 457.8420
December 471.4127 457.1464 466.6976