2019 FKP to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 FKP to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the FKP to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 4928.7997. Conversely, the yearly low was recorded on December 16, dropping to 3231.9277.
This high-to-low spread represents a total annual volatility of 1696.8720 MGA. From a start-to-finish perspective, comparing the January average rate of 4592.7554 to the December average rate of 4726.8339, the exchange rate registered a net change of 2.92% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 4928.7997 was up 4.74% compared to the 2018 peak of 4705.8713, 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 2019.
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 4645.4284, compared to 4631.6694 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 13.7590 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was December, with a trading range of 1696.8720 MGA (High: 4928.7997 / Low: 3231.9277). On the other end, June was the most stable month, with a tight range of 94.4767 MGA (High: 4660.4972 / Low: 4566.0205).
Growth Streaks & Declines
TrendsBetween January and April, 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 June and July, when the average rate fell by 89.4279 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2019: 4726.8339) against the same month in 2018 (average: 4499.2495), the exchange rate shifted by +227.5843 (+5.06%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4753.6923 | 4368.1725 | 4592.7554 |
| February | 4689.8424 | 4527.3144 | 4599.9567 |
| March | 4702.8125 | 4606.2832 | 4664.7290 |
| April | 4770.9763 | 4620.0632 | 4704.9139 |
| May | 4791.9448 | 4601.3063 | 4685.0141 |
| June | 4660.4972 | 4566.0205 | 4625.2015 |
| July | 4634.0554 | 4455.2336 | 4535.7736 |
| August | 4564.6858 | 4416.6113 | 4482.0043 |
| September | 4720.6172 | 4503.5433 | 4623.8561 |
| October | 4778.7790 | 4511.9285 | 4667.3738 |
| November | 4830.3793 | 4656.3815 | 4754.1747 |
| December | 4928.7997 | 3231.9277 | 4726.8339 |