YEARLY HIGH
3914.0182 MGA
YEARLY LOW
3228.4026 MGA
YEARLY AVERAGE
3525.9131 MGA

2017 EUR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the EUR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 3914.0182. Conversely, the yearly low was recorded on March 2, dropping to 3228.4026.

This high-to-low spread represents a total annual volatility of 685.6155 MGA. From a start-to-finish perspective, comparing the January average rate of 3488.8790 to the December average rate of 3820.7191, the exchange rate registered a net change of 9.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 3914.0182 was up 4.66% compared to the 2016 peak of 3739.9200, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 19,570,091 MGA
2016 Average 17,578,970 MGA
Yearly Trough Low 16,142,013 MGA
Transaction Impact: A difference of 3,428,077.68 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

3867.3598
3307.6718
JanuMarcMayJulySeptNove

EUR 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 3443.6510, compared to 3608.1751 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 164.5241 points.

H1 Avg (Jan–Jun) 3443.6510
H2 Avg (Jul–Dec) 3608.1751

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 317.7070 MGA (High: 3546.1097 / Low: 3228.4026). On the other end, May was the most stable month, with a tight range of 96.5839 MGA (High: 3513.5412 / Low: 3416.9573).

March Spread (Volatile) ±317.7070
May Spread (Stable) ±96.5839

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 134.5666 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -134.5666

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 3820.7191) against the same month in 2016 (average: 3512.8474), the exchange rate shifted by +307.8717 (+8.76%).

2017 Avg (December) 3820.7191
2016 Avg (December) 3512.8474

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3550.8646 3411.3364 3488.8790
February 3476.7565 3239.4783 3354.3124
March 3546.1097 3228.4026 3409.3958
April 3563.7427 3386.6843 3430.5170
May 3513.5412 3416.9573 3460.8816
June 3610.6184 3450.0983 3517.9200
July 3500.0637 3330.7776 3412.3014
August 3570.4477 3434.1185 3504.5942
September 3611.8879 3512.3247 3560.5849
October 3671.6362 3554.7776 3617.5603
November 3819.3831 3671.4900 3733.2907
December 3914.0182 3739.3363 3820.7191