YEARLY HIGH
1609.4871 MGA
YEARLY LOW
1423.0813 MGA
YEARLY AVERAGE
1516.4668 MGA

2017 FJD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the FJD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 1609.4871. Conversely, the yearly low was recorded on July 6, dropping to 1423.0813.

This high-to-low spread represents a total annual volatility of 186.4058 MGA. From a start-to-finish perspective, comparing the January average rate of 1575.8416 to the December average rate of 1562.5216, the exchange rate registered a net change of -0.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1609.4871 was up 0.31% compared to the 2016 peak of 1604.5536, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,047,435 MGA
2016 Average 7,616,893 MGA
Yearly Trough Low 7,115,406 MGA
Transaction Impact: A difference of 932,029.02 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1587.7792
1444.5279
JanuMarcMayJulySeptNove

FJD 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 1531.8298, compared to 1501.1037 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 30.7260 points.

H1 Avg (Jan–Jun) 1531.8298
H2 Avg (Jul–Dec) 1501.1037

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 132.7059 MGA (High: 1601.8049 / Low: 1469.0990). On the other end, November was the most stable month, with a tight range of 31.4964 MGA (High: 1549.8582 / Low: 1518.3618).

March Spread (Volatile) ±132.7059
November Spread (Stable) ±31.4964

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 June and July, when the average rate fell by 63.0057 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -63.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 1575.8416) against the same month in 2016 (average: 1490.9789), the exchange rate shifted by +84.8626 (+5.69%).

2017 Avg (January) 1575.8416
2016 Avg (January) 1490.9789

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1609.4871 1544.8133 1575.8416
February 1559.2987 1491.3746 1531.4255
March 1601.8049 1469.0990 1534.4450
April 1574.4810 1505.9434 1536.1465
May 1538.0505 1461.2204 1493.6488
June 1561.3226 1475.6856 1519.4712
July 1507.1020 1423.0813 1456.4655
August 1499.8683 1435.5603 1469.5325
September 1506.6091 1461.6492 1481.4109
October 1527.1980 1484.1592 1503.2068
November 1549.8582 1518.3618 1533.4852
December 1600.2096 1522.5772 1562.5216