YEARLY HIGH
4928.7997 MGA
YEARLY LOW
3231.9277 MGA
YEARLY AVERAGE
4638.5489 MGA

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.

Transfer Payout Power Comparison

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

Yearly Peak High 24,643,999 MGA
2018 Average 22,283,813 MGA
Yearly Trough Low 16,159,638 MGA
Transaction Impact: A difference of 8,484,360.06 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

4781.3918
4454.7873
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 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.

H1 Avg (Jan–Jun) 4645.4284
H2 Avg (Jul–Dec) 4631.6694

Volatility Range Comparison

Volatility

The 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).

December Spread (Volatile) ±1696.8720
June Spread (Stable) ±94.4767

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -89.4279

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2019 Avg (December) 4726.8339
2018 Avg (December) 4499.2495

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