YEARLY HIGH
2591.7581 MGA
YEARLY LOW
2246.8045 MGA
YEARLY AVERAGE
2407.1048 MGA

2017 CAD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CAD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2591.7581. Conversely, the yearly low was recorded on July 6, dropping to 2246.8045.

This high-to-low spread represents a total annual volatility of 344.9536 MGA. From a start-to-finish perspective, comparing the January average rate of 2483.7750 to the December average rate of 2529.1453, the exchange rate registered a net change of 1.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2591.7581 was up 0.79% compared to the 2016 peak of 2571.4448, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,958,790 MGA
2016 Average 11,996,293 MGA
Yearly Trough Low 11,234,022 MGA
Transaction Impact: A difference of 1,724,768.12 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2551.9102
2278.7317
JanuMarcMayJulySeptNove

CAD 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 2384.6725, compared to 2429.5372 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 44.8647 points.

H1 Avg (Jan–Jun) 2384.6725
H2 Avg (Jul–Dec) 2429.5372

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 177.6160 MGA (High: 2470.1908 / Low: 2292.5748). On the other end, November was the most stable month, with a tight range of 44.3142 MGA (High: 2512.0696 / Low: 2467.7554).

March Spread (Volatile) ±177.6160
November Spread (Stable) ±44.3142

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 April and May, when the average rate fell by 80.7623 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -80.7623

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 2529.1453) against the same month in 2016 (average: 2497.5762), the exchange rate shifted by +31.5690 (+1.26%).

2017 Avg (December) 2529.1453
2016 Avg (December) 2497.5762

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2536.6085 2428.2849 2483.7750
February 2474.2285 2302.2402 2405.4200
March 2470.1908 2292.5748 2381.2946
April 2420.3754 2321.8830 2382.2589
May 2342.4035 2252.9005 2301.4966
June 2431.5173 2277.8251 2353.7898
July 2378.1543 2246.8045 2329.8169
August 2383.4035 2291.8447 2352.2854
September 2456.9654 2391.4872 2430.7857
October 2465.5420 2415.4436 2443.6487
November 2512.0696 2467.7554 2491.5411
December 2591.7581 2470.4638 2529.1453