YEARLY HIGH
35.3705 MGA
YEARLY LOW
29.2144 MGA
YEARLY AVERAGE
31.8708 MGA

2017 CVE to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CVE to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 35.3705. Conversely, the yearly low was recorded on March 2, dropping to 29.2144.

This high-to-low spread represents a total annual volatility of 6.1561 MGA. From a start-to-finish perspective, comparing the January average rate of 31.5773 to the December average rate of 34.5284, the exchange rate registered a net change of 9.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 35.3705 was up 4.82% compared to the 2016 peak of 33.7435, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 176,852 MGA
2016 Average 159,431 MGA
Yearly Trough Low 146,072 MGA
Transaction Impact: A difference of 30,780.43 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

34.9487
29.9048
JanuMarcMayJulySeptNove

CVE 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 31.1245, compared to 32.6171 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4926 points.

H1 Avg (Jan–Jun) 31.1245
H2 Avg (Jul–Dec) 32.6171

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 2.8341 MGA (High: 32.0486 / Low: 29.2144). On the other end, September was the most stable month, with a tight range of 0.9745 MGA (High: 32.6923 / Low: 31.7178).

March Spread (Volatile) ±2.8341
September Spread (Stable) ±0.9745

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 January and February, when the average rate fell by 1.2521 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.2521

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 34.5284) against the same month in 2016 (average: 31.8716), the exchange rate shifted by +2.6568 (+8.34%).

2017 Avg (December) 34.5284
2016 Avg (December) 31.8716

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 32.4947 30.7809 31.5773
February 31.3746 29.3021 30.3251
March 32.0486 29.2144 30.8014
April 32.1684 30.6308 30.9957
May 31.9070 30.7935 31.2607
June 32.8044 31.2148 31.7871
July 31.6305 30.1257 30.8477
August 32.4038 31.0070 31.6861
September 32.6923 31.7178 32.1832
October 33.4486 32.2426 32.7487
November 34.5486 33.1738 33.7083
December 35.3705 33.8169 34.5284