YEARLY HIGH
532.7324 MGA
YEARLY LOW
443.8095 MGA
YEARLY AVERAGE
483.6627 MGA

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.

Transfer Payout Power Comparison

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

Yearly Peak High 2,663,662 MGA
2017 Average 2,250,982 MGA
Yearly Trough Low 2,219,048 MGA
Transaction Impact: A difference of 444,614.51 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

527.5664
449.3524
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 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.

H1 Avg (Jan–Jun) 467.8381
H2 Avg (Jul–Dec) 499.4873

Volatility Range Comparison

Volatility

The 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).

December Spread (Volatile) ±29.1847
August Spread (Stable) ±7.7328

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -10.5879

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2018 Avg (December) 513.8369
2017 Avg (December) 466.6976

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