2017 CAD to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
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.
Comparing the value generated converting 5,000 CAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |