2018 ETB to MGA Historical Review

YEARLY HIGH

130.8196 MGA

YEARLY LOW

111.9376 MGA

YEARLY AVERAGE

120.7572 MGA

2018 ETB to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ETB to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 130.8196. Conversely, the yearly low was recorded on March 10, dropping to 111.9376.

This high-to-low spread represents a total annual volatility of 18.8820 MGA. From a start-to-finish perspective, comparing the January average rate of 118.1228 to the December average rate of 125.9523, the exchange rate registered a net change of 6.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 130.8196 was down 13.14% compared to the 2017 peak of 150.6032, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 654,098 MGA

2017 Average 654,645 MGA

Yearly Trough Low 559,688 MGA

Transaction Impact: A difference of 94,409.89 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

129.9005

113.1761

JanuMarcMayJulySeptNove

ETB 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 117.5639, compared to 123.9504 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.3864 points.

H1 Avg (Jan–Jun) 117.5639

H2 Avg (Jul–Dec) 123.9504

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 8.4238 MGA (High: 130.7436 / Low: 122.3199). On the other end, August was the most stable month, with a tight range of 2.1927 MGA (High: 120.6945 / Low: 118.5018).

December Spread (Volatile) ±8.4238

August Spread (Stable) ±2.1927

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 January and February, when the average rate fell by 2.8905 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.8905

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 128.5068) against the same month in 2017 (average: 116.3977), the exchange rate shifted by +12.1090 (+10.40%).

2018 Avg (November) 128.5068

2017 Avg (November) 116.3977

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	119.4370	116.2917	118.1228
February	117.8184	113.3478	115.2323
March	117.2740	111.9376	114.5698
April	118.7165	116.2706	117.0380
May	120.7961	117.2727	118.4189
June	123.7690	120.1487	122.0019
July	122.9802	119.2499	121.2708
August	120.6945	118.5018	119.6763
September	124.9062	120.6945	122.6950
October	127.8410	123.2558	125.6010
November	130.8196	125.4002	128.5068
December	130.7436	122.3199	125.9523