2018 BOB to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 BOB to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the BOB to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 532.7324. Conversely, the yearly low was recorded on March 8, dropping to 443.8095.
This high-to-low spread represents a total annual volatility of 88.9229 MGA. From a start-to-finish perspective, comparing the January average rate of 469.1446 to the December average rate of 513.8369, the exchange rate registered a net change of 9.53% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 532.7324 was up 8.96% compared to the 2017 peak of 488.9261, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BOB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 467.8381, compared to 499.4873 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 31.6492 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was December, with a trading range of 29.1847 MGA (High: 532.7324 / Low: 503.5477). On the other end, August was the most stable month, with a tight range of 7.7328 MGA (High: 482.7919 / Low: 475.0591).
Growth Streaks & Declines
TrendsBetween March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 10.5879 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2018: 513.8369) against the same month in 2017 (average: 466.6976), the exchange rate shifted by +47.1393 (+10.10%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 473.7289 | 463.8198 | 469.1446 |
| February | 467.4063 | 452.2424 | 458.5567 |
| March | 465.3443 | 443.8095 | 455.8702 |
| April | 471.0656 | 463.0961 | 465.5085 |
| May | 481.9322 | 466.5280 | 471.5183 |
| June | 492.9591 | 479.2494 | 486.4301 |
| July | 491.7266 | 474.7224 | 484.3229 |
| August | 482.7919 | 475.0591 | 478.9219 |
| September | 497.7504 | 480.9052 | 491.9894 |
| October | 512.6322 | 497.2803 | 506.8041 |
| November | 531.2639 | 508.7423 | 521.0485 |
| December | 532.7324 | 503.5477 | 513.8369 |