YEARLY HIGH
1746.1738 MGA
YEARLY LOW
1513.7490 MGA
YEARLY AVERAGE
1604.5809 MGA

2018 FJD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the FJD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 1746.1738. Conversely, the yearly low was recorded on March 8, dropping to 1513.7490.

This high-to-low spread represents a total annual volatility of 232.4247 MGA. From a start-to-finish perspective, comparing the January average rate of 1604.7799 to the December average rate of 1673.0538, the exchange rate registered a net change of 4.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1746.1738 was up 8.49% compared to the 2017 peak of 1609.4871, 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 8,730,869 MGA
2017 Average 7,581,655 MGA
Yearly Trough Low 7,568,745 MGA
Transaction Impact: A difference of 1,162,123.62 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1713.9747
1537.1008
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 1581.2542, compared to 1627.9077 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 46.6535 points.

H1 Avg (Jan–Jun) 1581.2542
H2 Avg (Jul–Dec) 1627.9077

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 117.9185 MGA (High: 1742.4607 / Low: 1624.5422). On the other end, August was the most stable month, with a tight range of 28.8270 MGA (High: 1585.8032 / Low: 1556.9762).

December Spread (Volatile) ±117.9185
August Spread (Stable) ±28.8270

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 January and February, when the average rate fell by 34.6497 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -34.6497

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 1699.2352) against the same month in 2017 (average: 1533.4852), the exchange rate shifted by +165.7500 (+10.81%).

2018 Avg (November) 1699.2352
2017 Avg (November) 1533.4852

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1628.0506 1575.8951 1604.7799
February 1614.2686 1543.0902 1570.1302
March 1583.8567 1513.7490 1551.8403
April 1592.5972 1550.3151 1576.0349
May 1601.7744 1546.1581 1567.0836
June 1645.2481 1574.8600 1617.6564
July 1621.8841 1562.9466 1593.9133
August 1585.8032 1556.9762 1567.3801
September 1621.5459 1572.0263 1601.2677
October 1663.0274 1612.2277 1632.5957
November 1746.1738 1633.1186 1699.2352
December 1742.4607 1624.5422 1673.0538