2017 CZK to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 CZK to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the CZK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 153.2580. Conversely, the yearly low was recorded on March 2, dropping to 119.4793.
This high-to-low spread represents a total annual volatility of 33.7787 MGA. From a start-to-finish perspective, comparing the January average rate of 129.1105 to the December average rate of 149.0189, the exchange rate registered a net change of 15.42% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 153.2580 was up 11.07% compared to the 2016 peak of 137.9798, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CZK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
CZK 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 128.5989, compared to 139.5187 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.9198 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was March, with a trading range of 11.7523 MGA (High: 131.2316 / Low: 119.4793). On the other end, May was the most stable month, with a tight range of 3.9364 MGA (High: 132.5168 / Low: 128.5804).
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 January and February, when the average rate fell by 4.9740 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 149.0189) against the same month in 2016 (average: 130.0067), the exchange rate shifted by +19.0122 (+14.62%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 131.3671 | 126.2513 | 129.1105 |
| February | 128.6693 | 119.8840 | 124.1366 |
| March | 131.2316 | 119.4793 | 126.1421 |
| April | 132.6638 | 126.0549 | 127.9391 |
| May | 132.5168 | 128.5804 | 130.2499 |
| June | 138.0177 | 131.3606 | 134.0150 |
| July | 133.9672 | 127.3874 | 130.8172 |
| August | 136.7030 | 131.2673 | 134.2160 |
| September | 138.5837 | 134.5478 | 136.5602 |
| October | 143.1837 | 137.0476 | 140.3857 |
| November | 149.8679 | 143.3337 | 146.1142 |
| December | 153.2580 | 146.0872 | 149.0189 |