2019 BTN to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 BTN to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the BTN to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on July 11, valuing the pair at 53.3746. Conversely, the yearly low was recorded on December 16, dropping to 34.3394.
This high-to-low spread represents a total annual volatility of 19.0353 MGA. From a start-to-finish perspective, comparing the January average rate of 50.3943 to the December average rate of 50.6570, the exchange rate registered a net change of 0.52% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 53.3746 was up 1.39% compared to the 2018 peak of 52.6412, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BTN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
BTN 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 51.3090, compared to 51.9539 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6449 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was December, with a trading range of 17.4434 MGA (High: 51.7828 / Low: 34.3394). On the other end, June was the most stable month, with a tight range of 0.9625 MGA (High: 53.0318 / Low: 52.0694).
Growth Streaks & Declines
TrendsBetween February and July, 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 November and December, when the average rate fell by 1.0100 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2019: 52.9226) against the same month in 2018 (average: 48.6883), the exchange rate shifted by +4.2343 (+8.70%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 51.3415 | 48.9582 | 50.3943 |
| February | 51.2557 | 48.5854 | 49.7345 |
| March | 51.8014 | 49.8359 | 50.9794 |
| April | 53.0539 | 51.0184 | 51.9917 |
| May | 52.9086 | 51.4019 | 52.2351 |
| June | 53.0318 | 52.0694 | 52.5188 |
| July | 53.3746 | 52.3650 | 52.9226 |
| August | 53.0819 | 51.5526 | 52.0278 |
| September | 53.2968 | 51.5764 | 52.5374 |
| October | 52.6400 | 51.1352 | 51.9118 |
| November | 52.4314 | 50.3059 | 51.6670 |
| December | 51.7828 | 34.3394 | 50.6570 |