YEARLY HIGH
4176.7177 MGA
YEARLY LOW
3764.5124 MGA
YEARLY AVERAGE
3943.8082 MGA

2018 EUR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the EUR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 4176.7177. Conversely, the yearly low was recorded on August 11, dropping to 3764.5124.

This high-to-low spread represents a total annual volatility of 412.2053 MGA. From a start-to-finish perspective, comparing the January average rate of 3956.0005 to the December average rate of 4040.3343, the exchange rate registered a net change of 2.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 4176.7177 was up 6.71% compared to the 2017 peak of 3914.0182, 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 20,883,588 MGA
2017 Average 17,634,718 MGA
Yearly Trough Low 18,822,562 MGA
Transaction Impact: A difference of 2,061,026.34 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

4116.5745
3790.2464
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 3913.6214, compared to 3973.9951 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 60.3737 points.

H1 Avg (Jan–Jun) 3913.6214
H2 Avg (Jul–Dec) 3973.9951

Volatility Range Comparison

Volatility

The most volatile month in 2018 was February, with a trading range of 214.8058 MGA (High: 4024.7314 / Low: 3809.9256). On the other end, May was the most stable month, with a tight range of 104.1809 MGA (High: 3894.3551 / Low: 3790.1742).

February Spread (Volatile) ±214.8058
May Spread (Stable) ±104.1809

Growth Streaks & Declines

Trends

Between August and November, 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 April and May, when the average rate fell by 95.7019 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -95.7019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 4040.3343) against the same month in 2017 (average: 3820.7191), the exchange rate shifted by +219.6152 (+5.75%).

2018 Avg (December) 4040.3343
2017 Avg (December) 3820.7191

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4006.1628 3875.0230 3956.0005
February 4024.7314 3809.9256 3912.8746
March 3987.5677 3786.6315 3886.0819
April 3994.0914 3884.2736 3947.9991
May 3894.3551 3790.1742 3852.2972
June 4011.9190 3865.1824 3926.4748
July 3968.1926 3824.7075 3909.9626
August 3896.1289 3764.5124 3817.4404
September 4021.6502 3869.8157 3963.9396
October 4101.6019 3953.6261 4022.9132
November 4171.9501 4013.8921 4089.3805
December 4176.7177 3981.4701 4040.3343