2017 FKP to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
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.
Comparing the value generated converting 5,000 FKP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |