YEARLY HIGH
4705.8713 MGA
YEARLY LOW
4208.9939 MGA
YEARLY AVERAGE
4457.1750 MGA

2018 FKP to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the FKP to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 4705.8713. Conversely, the yearly low was recorded on August 11, dropping to 4208.9939.

This high-to-low spread represents a total annual volatility of 496.8774 MGA. From a start-to-finish perspective, comparing the January average rate of 4480.8575 to the December average rate of 4499.2495, the exchange rate registered a net change of 0.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 4705.8713 was up 6.77% compared to the 2017 peak of 4407.4792, 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 23,529,357 MGA
2017 Average 20,118,103 MGA
Yearly Trough Low 21,044,970 MGA
Transaction Impact: A difference of 2,484,387.06 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

4679.2704
4218.2669
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 4448.1815, compared to 4466.1686 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 17.9871 points.

H1 Avg (Jan–Jun) 4448.1815
H2 Avg (Jul–Dec) 4466.1686

Volatility Range Comparison

Volatility

The most volatile month in 2018 was March, with a trading range of 310.4313 MGA (High: 4557.5568 / Low: 4247.1255). On the other end, May was the most stable month, with a tight range of 91.3004 MGA (High: 4442.9105 / Low: 4351.6101).

March Spread (Volatile) ±310.4313
May Spread (Stable) ±91.3004

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 July and August, when the average rate fell by 148.5775 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -148.5775

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 4640.8534) against the same month in 2017 (average: 4202.9895), the exchange rate shifted by +437.8640 (+10.42%).

2018 Avg (November) 4640.8534
2017 Avg (November) 4202.9895

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4578.9043 4359.0291 4480.8575
February 4589.4399 4298.3332 4427.1188
March 4557.5568 4247.1255 4401.7056
April 4604.2625 4440.0668 4522.0842
May 4442.9105 4351.6101 4387.5576
June 4552.1069 4377.3934 4469.7654
July 4485.7519 4298.2900 4405.2614
August 4337.3954 4208.9939 4256.6839
September 4531.7359 4311.3858 4436.7361
October 4672.4073 4457.8850 4558.2272
November 4705.8713 4572.6368 4640.8534
December 4696.0223 4419.2440 4499.2495