YEARLY HIGH
0.4030 MGA
YEARLY LOW
0.3414 MGA
YEARLY AVERAGE
0.3692 MGA

2018 GNF to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GNF to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 0.4030. Conversely, the yearly low was recorded on March 8, dropping to 0.3414.

This high-to-low spread represents a total annual volatility of 0.0616 MGA. From a start-to-finish perspective, comparing the January average rate of 0.3600 to the December average rate of 0.3879, the exchange rate registered a net change of 7.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.4030 was up 11.40% compared to the 2017 peak of 0.3618, 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 2,015 MGA
2017 Average 1,711 MGA
Yearly Trough Low 1,707 MGA
Transaction Impact: A difference of 307.75 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.3995
0.3452
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 0.3586, compared to 0.3798 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0212 points.

H1 Avg (Jan–Jun) 0.3586
H2 Avg (Jul–Dec) 0.3798

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0251 MGA (High: 0.4030 / Low: 0.3779). On the other end, April was the most stable month, with a tight range of 0.0062 MGA (High: 0.3606 / Low: 0.3544).

December Spread (Volatile) ±0.0251
April Spread (Stable) ±0.0062

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 January and February, when the average rate fell by 0.0081 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0081

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.3879) against the same month in 2017 (average: 0.3578), the exchange rate shifted by +0.0302 (+8.43%).

2018 Avg (December) 0.3879
2017 Avg (December) 0.3578

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3635 0.3558 0.3600
February 0.3586 0.3468 0.3518
March 0.3572 0.3414 0.3498
April 0.3606 0.3544 0.3566
May 0.3684 0.3575 0.3614
June 0.3776 0.3664 0.3722
July 0.3754 0.3627 0.3695
August 0.3710 0.3614 0.3656
September 0.3793 0.3686 0.3753
October 0.3907 0.3778 0.3856
November 0.4024 0.3863 0.3949
December 0.4030 0.3779 0.3879