YEARLY HIGH
1486.0063 MGA
YEARLY LOW
1249.9540 MGA
YEARLY AVERAGE
1345.0258 MGA

2018 GEL to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GEL to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 1486.0063. Conversely, the yearly low was recorded on January 3, dropping to 1249.9540.

This high-to-low spread represents a total annual volatility of 236.0523 MGA. From a start-to-finish perspective, comparing the January average rate of 1267.8753 to the December average rate of 1333.8809, the exchange rate registered a net change of 5.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1486.0063 was up 9.34% compared to the 2017 peak of 1359.0692, 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 7,430,031 MGA
2017 Average 6,253,649 MGA
Yearly Trough Low 6,249,770 MGA
Transaction Impact: A difference of 1,180,261.49 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1446.6276
1251.6251
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 1310.1773, compared to 1379.8743 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 69.6970 points.

H1 Avg (Jan–Jun) 1310.1773
H2 Avg (Jul–Dec) 1379.8743

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 126.4084 MGA (High: 1486.0063 / Low: 1359.5979). On the other end, August was the most stable month, with a tight range of 32.0479 MGA (High: 1362.3726 / Low: 1330.3247).

November Spread (Volatile) ±126.4084
August Spread (Stable) ±32.0479

Growth Streaks & Declines

Trends

Between March and June, 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 November and December, when the average rate fell by 89.5715 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -89.5715

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 1423.4524) against the same month in 2017 (average: 1232.5887), the exchange rate shifted by +190.8637 (+15.48%).

2018 Avg (November) 1423.4524
2017 Avg (November) 1232.5887

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1300.0378 1249.9540 1267.8753
February 1313.0551 1266.6832 1288.4991
March 1320.9106 1256.7450 1287.6695
April 1341.9428 1301.4689 1319.2106
May 1347.9897 1314.0476 1327.9512
June 1391.9035 1343.9273 1369.8583
July 1384.3110 1339.5133 1366.0777
August 1362.3726 1330.3247 1340.4023
September 1403.7654 1345.6049 1385.0554
October 1444.2141 1404.5004 1430.3774
November 1486.0063 1359.5979 1423.4524
December 1383.7488 1298.5075 1333.8809