2017 GEL to MGA Historical Review

YEARLY HIGH

1359.0692 MGA

YEARLY LOW

1176.9252 MGA

YEARLY AVERAGE

1250.4775 MGA

2017 GEL to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on April 24, valuing the pair at 1359.0692. Conversely, the yearly low was recorded on November 22, dropping to 1176.9252.

This high-to-low spread represents a total annual volatility of 182.1440 MGA. From a start-to-finish perspective, comparing the January average rate of 1216.7465 to the December average rate of 1230.3157, the exchange rate registered a net change of 1.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1359.0692 was down 11.63% compared to the 2016 peak of 1537.9984, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,795,346 MGA

2016 Average 6,737,142 MGA

Yearly Trough Low 5,884,626 MGA

Transaction Impact: A difference of 910,719.82 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1339.9878

1183.7175

JanuMarcMayJulySeptNove

GEL 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 1270.4876, compared to 1230.4674 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 40.0202 points.

H1 Avg (Jan–Jun) 1270.4876

H2 Avg (Jul–Dec) 1230.4674

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 114.7477 MGA (High: 1346.4943 / Low: 1231.7466). On the other end, October was the most stable month, with a tight range of 29.1243 MGA (High: 1255.0422 / Low: 1225.9179).

March Spread (Volatile) ±114.7477

October Spread (Stable) ±29.1243

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 65.4917 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -65.4917

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 1326.9653) against the same month in 2016 (average: 1411.2179), the exchange rate shifted by -84.2527 (-5.97%).

2017 Avg (April) 1326.9653

2016 Avg (April) 1411.2179

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1273.0925	1180.4342	1216.7465
February	1208.8320	1177.2442	1196.7400
March	1346.4943	1231.7466	1292.5125
April	1359.0692	1279.8264	1326.9653
May	1311.2060	1268.0888	1290.5443
June	1338.1887	1255.1966	1299.4170
July	1283.0070	1209.3942	1233.9253
August	1255.2252	1213.7131	1236.6477
September	1232.1887	1188.0629	1212.0434
October	1255.0422	1225.9179	1237.2834
November	1281.4282	1176.9252	1232.5887
December	1285.3580	1181.2635	1230.3157