YEARLY HIGH
531.7612 MGA
YEARLY LOW
479.4958 MGA
YEARLY AVERAGE
505.2857 MGA

2018 CNY to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the CNY to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on June 11, valuing the pair at 531.7612. Conversely, the yearly low was recorded on August 15, dropping to 479.4958.

This high-to-low spread represents a total annual volatility of 52.2654 MGA. From a start-to-finish perspective, comparing the January average rate of 504.6192 to the December average rate of 515.2528, the exchange rate registered a net change of 2.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 531.7612 was up 6.43% compared to the 2017 peak of 499.6377, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 13,294,030 MGA
2017 Average 11,555,008 MGA
Yearly Trough Low 11,987,395 MGA
Transaction Impact: A difference of 1,306,635.67 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

523.7008
479.4905
JanuMarcMayJulySeptNove

CNY 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 507.7013, compared to 502.8701 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.8313 points.

H1 Avg (Jan–Jun) 507.7013
H2 Avg (Jul–Dec) 502.8701

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 31.1950 MGA (High: 531.7612 / Low: 500.5663). On the other end, April was the most stable month, with a tight range of 9.5779 MGA (High: 515.8419 / Low: 506.2640).

June Spread (Volatile) ±31.1950
April Spread (Stable) ±9.5779

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 June and July, when the average rate fell by 22.1110 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -22.1110

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 520.0166) against the same month in 2017 (average: 460.0599), the exchange rate shifted by +59.9567 (+13.03%).

2018 Avg (June) 520.0166
2017 Avg (June) 460.0599

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 511.7630 496.0420 504.6192
February 511.9587 493.1697 501.2166
March 511.4052 485.0948 498.2979
April 515.8419 506.2640 510.5681
May 518.3939 508.1533 511.4898
June 531.7612 500.5663 520.0166
July 511.1394 481.5298 497.9056
August 489.4232 479.4958 483.1747
September 500.9236 488.1067 496.2783
October 512.5835 500.3419 506.0271
November 527.7629 509.1429 518.5820
December 529.4565 505.9463 515.2528