2019 CAD to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 CAD to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the CAD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 2855.4616. Conversely, the yearly low was recorded on December 16, dropping to 1850.5586.
This high-to-low spread represents a total annual volatility of 1004.9030 MGA. From a start-to-finish perspective, comparing the January average rate of 2675.7967 to the December average rate of 2737.8754, the exchange rate registered a net change of 2.32% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 2855.4616 was up 2.79% compared to the 2018 peak of 2777.9970, 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 2019.
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 2692.7924, compared to 2783.4374 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 90.6450 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was December, with a trading range of 991.3084 MGA (High: 2841.8670 / Low: 1850.5586). On the other end, August was the most stable month, with a tight range of 51.0831 MGA (High: 2804.9418 / Low: 2753.8587).
Growth Streaks & Declines
TrendsBetween March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 50.0950 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2019: 2825.4551) against the same month in 2018 (average: 2611.6060), the exchange rate shifted by +213.8491 (+8.19%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2750.5977 | 2554.9556 | 2675.7967 |
| February | 2732.9476 | 2641.3121 | 2678.8179 |
| March | 2683.3854 | 2619.4491 | 2649.8727 |
| April | 2734.8614 | 2653.0960 | 2699.7227 |
| May | 2741.7458 | 2683.1194 | 2708.0120 |
| June | 2785.1367 | 2697.7148 | 2744.5327 |
| July | 2804.2884 | 2742.7422 | 2776.3350 |
| August | 2804.9418 | 2753.8587 | 2777.9202 |
| September | 2855.4616 | 2790.2518 | 2825.4551 |
| October | 2832.1319 | 2764.1087 | 2795.0682 |
| November | 2831.3479 | 2716.5811 | 2787.9704 |
| December | 2841.8670 | 1850.5586 | 2737.8754 |