YEARLY HIGH
2039.8842 MGA
YEARLY LOW
1125.0183 MGA
YEARLY AVERAGE
1685.8419 MGA

2019 FJD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the FJD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on September 15, valuing the pair at 2039.8842. Conversely, the yearly low was recorded on December 16, dropping to 1125.0183.

This high-to-low spread represents a total annual volatility of 914.8660 MGA. From a start-to-finish perspective, comparing the January average rate of 1675.9395 to the December average rate of 1663.8116, the exchange rate registered a net change of -0.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 2039.8842 was up 16.82% compared to the 2018 peak of 1746.1738, 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 10,199,421 MGA
2018 Average 8,023,281 MGA
Yearly Trough Low 5,625,091 MGA
Transaction Impact: A difference of 4,574,329.76 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1730.9422
1657.7088
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 1680.1498, compared to 1691.5340 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.3841 points.

H1 Avg (Jan–Jun) 1680.1498
H2 Avg (Jul–Dec) 1691.5340

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 598.2429 MGA (High: 1723.2612 / Low: 1125.0183). On the other end, August was the most stable month, with a tight range of 26.4083 MGA (High: 1704.1568 / Low: 1677.7484).

December Spread (Volatile) ±598.2429
August Spread (Stable) ±26.4083

Growth Streaks & Declines

Trends

Between May and July, 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 September and October, when the average rate fell by 44.5949 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -44.5949

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 1724.8394) against the same month in 2018 (average: 1601.2677), the exchange rate shifted by +123.5717 (+7.72%).

2019 Avg (September) 1724.8394
2018 Avg (September) 1601.2677

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1723.1947 1624.1550 1675.9395
February 1703.3342 1636.9771 1666.5570
March 1681.8036 1638.3053 1664.2384
April 1713.0343 1668.8437 1691.1225
May 1704.6093 1668.8106 1687.5369
June 1712.1438 1673.5635 1695.5047
July 1724.0345 1677.5248 1698.6091
August 1704.1568 1677.7484 1693.9921
September 2039.8842 1692.2057 1724.8394
October 1704.3982 1646.3139 1680.2445
November 1708.8255 1644.4850 1687.7071
December 1723.2612 1125.0183 1663.8116