YEARLY HIGH
4407.4792 MGA
YEARLY LOW
3755.2649 MGA
YEARLY AVERAGE
4023.2782 MGA

2017 FKP to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the FKP to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 4407.4792. Conversely, the yearly low was recorded on March 14, dropping to 3755.2649.

This high-to-low spread represents a total annual volatility of 652.2143 MGA. From a start-to-finish perspective, comparing the January average rate of 4051.6975 to the December average rate of 4324.9986, the exchange rate registered a net change of 6.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 4407.4792 was down 10.18% compared to the 2016 peak of 4906.8559, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 22,037,396 MGA
2016 Average 21,530,669 MGA
Yearly Trough Low 18,776,324 MGA
Transaction Impact: A difference of 3,261,071.33 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

4373.3398
3793.2459
JanuMarcMayJulySeptNove

FKP 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 4002.9033, compared to 4043.6530 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 40.7497 points.

H1 Avg (Jan–Jun) 4002.9033
H2 Avg (Jul–Dec) 4043.6530

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 338.2721 MGA (High: 4093.5370 / Low: 3755.2649). On the other end, December was the most stable month, with a tight range of 169.0759 MGA (High: 4407.4792 / Low: 4238.4032).

March Spread (Volatile) ±338.2721
December Spread (Stable) ±169.0759

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 160.3572 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -160.3572

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 4324.9986) against the same month in 2016 (average: 4160.2319), the exchange rate shifted by +164.7668 (+3.96%).

2017 Avg (December) 4324.9986
2016 Avg (December) 4160.2319

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4164.4570 3967.2325 4051.6975
February 4087.5924 3794.0071 3932.9852
March 4093.5370 3755.2649 3933.8843
April 4190.5117 3960.9578 4046.8038
May 4147.9070 3944.9092 4043.2856
June 4106.7709 3931.0244 4008.7634
July 3985.0157 3776.5801 3848.4062
August 3948.1727 3759.8288 3841.5871
September 4082.3852 3837.3348 3980.4163
October 4159.9329 3986.3320 4063.5205
November 4336.3316 4142.1068 4202.9895
December 4407.4792 4238.4032 4324.9986