YEARLY HIGH
0.3618 MGA
YEARLY LOW
0.3227 MGA
YEARLY AVERAGE
0.3422 MGA

2017 GNF to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GNF to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.3618. Conversely, the yearly low was recorded on July 6, dropping to 0.3227.

This high-to-low spread represents a total annual volatility of 0.0390 MGA. From a start-to-finish perspective, comparing the January average rate of 0.3504 to the December average rate of 0.3578, the exchange rate registered a net change of 2.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.3618 was down 19.32% compared to the 2016 peak of 0.4484, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,809 MGA
2016 Average 1,916 MGA
Yearly Trough Low 1,614 MGA
Transaction Impact: A difference of 195.19 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.3607
0.3255
JanuMarcMayJulySeptNove

GNF 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 0.3434, compared to 0.3411 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.3434
H2 Avg (Jul–Dec) 0.3411

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0283 MGA (High: 0.3554 / Low: 0.3271). On the other end, November was the most stable month, with a tight range of 0.0076 MGA (High: 0.3573 / Low: 0.3497).

March Spread (Volatile) ±0.0283
November Spread (Stable) ±0.0076

Growth Streaks & Declines

Trends

Between 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 June and July, when the average rate fell by 0.0170 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0170

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.3578) against the same month in 2016 (average: 0.3594), the exchange rate shifted by -0.0016 (-0.46%).

2017 Avg (December) 0.3578
2016 Avg (December) 0.3594

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3596 0.3389 0.3504
February 0.3466 0.3283 0.3362
March 0.3554 0.3271 0.3416
April 0.3527 0.3412 0.3453
May 0.3503 0.3357 0.3414
June 0.3549 0.3330 0.3454
July 0.3378 0.3227 0.3284
August 0.3351 0.3241 0.3319
September 0.3396 0.3282 0.3333
October 0.3505 0.3373 0.3427
November 0.3573 0.3497 0.3525
December 0.3618 0.3512 0.3578