2019 ETB to MGA Historical Review

YEARLY HIGH

128.8773 MGA

YEARLY LOW

76.7302 MGA

YEARLY AVERAGE

124.4497 MGA

2019 ETB to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ETB to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 128.8773. Conversely, the yearly low was recorded on December 16, dropping to 76.7302.

This high-to-low spread represents a total annual volatility of 52.1471 MGA. From a start-to-finish perspective, comparing the January average rate of 125.4891 to the December average rate of 114.5505, the exchange rate registered a net change of -8.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 128.8773 was down 1.48% compared to the 2018 peak of 130.8196, 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 644,387 MGA

2018 Average 603,914 MGA

Yearly Trough Low 383,651 MGA

Transaction Impact: A difference of 260,735.45 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

128.6340

113.2702

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 125.2312, compared to 123.6682 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5629 points.

H1 Avg (Jan–Jun) 125.2312

H2 Avg (Jul–Dec) 123.6682

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 42.9635 MGA (High: 119.6938 / Low: 76.7302). On the other end, August was the most stable month, with a tight range of 1.9941 MGA (High: 127.4809 / Low: 125.4869).

December Spread (Volatile) ±42.9635

August Spread (Stable) ±1.9941

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 8.8213 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -8.8213

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 125.4891) against the same month in 2018 (average: 118.1228), the exchange rate shifted by +7.3664 (+6.24%).

2019 Avg (January) 125.4891

2018 Avg (January) 118.1228

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	128.8773	122.6048	125.4891
February	127.1872	121.3609	124.1992
March	125.5089	122.1601	124.0951
April	127.1797	123.0104	125.4716
May	128.2294	124.0734	126.1499
June	127.4554	125.1809	125.9822
July	127.9517	124.0550	125.5564
August	127.4809	125.4869	126.4369
September	128.6632	126.3471	127.3537
October	127.3778	122.3529	124.7401
November	126.9422	117.9085	123.3718
December	119.6938	76.7302	114.5505