2017 GMD to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GMD to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GMD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 79.1154. Conversely, the yearly low was recorded on July 25, dropping to 62.9910.
This high-to-low spread represents a total annual volatility of 16.1244 MGA. From a start-to-finish perspective, comparing the January average rate of 75.3765 to the December average rate of 67.8858, the exchange rate registered a net change of -9.94% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 79.1154 was down 3.44% compared to the 2016 peak of 81.9342, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
GMD 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 70.8012, compared to 65.6877 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.1135 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 6.1130 MGA (High: 79.1154 / Low: 73.0024). On the other end, November was the most stable month, with a tight range of 1.2054 MGA (High: 67.9035 / Low: 66.6981).
Growth Streaks & Declines
TrendsBetween July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 4.0065 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 75.3765) against the same month in 2016 (average: 81.2877), the exchange rate shifted by -5.9111 (-7.27%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 79.1154 | 73.0024 | 75.3765 |
| February | 73.9283 | 68.8764 | 71.3700 |
| March | 73.7231 | 68.9128 | 71.2381 |
| April | 72.6372 | 69.6581 | 70.8049 |
| May | 70.0676 | 66.4170 | 67.8824 |
| June | 70.2955 | 65.5504 | 68.1353 |
| July | 66.8691 | 62.9910 | 64.2757 |
| August | 65.5944 | 63.1463 | 64.5826 |
| September | 66.0813 | 63.6983 | 64.9060 |
| October | 66.8135 | 63.9645 | 65.4035 |
| November | 67.9035 | 66.6981 | 67.0726 |
| December | 68.6513 | 66.8506 | 67.8858 |