YEARLY HIGH
0.4143 MGA
YEARLY LOW
0.2588 MGA
YEARLY AVERAGE
0.3936 MGA

2019 GNF to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GNF to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 0.4143. Conversely, the yearly low was recorded on December 16, dropping to 0.2588.

This high-to-low spread represents a total annual volatility of 0.1555 MGA. From a start-to-finish perspective, comparing the January average rate of 0.3885 to the December average rate of 0.3803, the exchange rate registered a net change of -2.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.4143 was up 2.80% compared to the 2018 peak of 0.4030, 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 2,071 MGA
2018 Average 1,846 MGA
Yearly Trough Low 1,294 MGA
Transaction Impact: A difference of 777.52 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.4084
0.3778
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 0.3912, compared to 0.3960 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0048 points.

H1 Avg (Jan–Jun) 0.3912
H2 Avg (Jul–Dec) 0.3960

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.1295 MGA (High: 0.3883 / Low: 0.2588). On the other end, June was the most stable month, with a tight range of 0.0067 MGA (High: 0.4018 / Low: 0.3951).

December Spread (Volatile) ±0.1295
June Spread (Stable) ±0.0067

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0146 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0146

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 0.3949) against the same month in 2018 (average: 0.3949), the exchange rate shifted by -0.0001 (-0.01%).

2019 Avg (November) 0.3949
2018 Avg (November) 0.3949

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3997 0.3789 0.3885
February 0.3966 0.3757 0.3855
March 0.3927 0.3787 0.3857
April 0.4001 0.3854 0.3937
May 0.4028 0.3901 0.3967
June 0.4018 0.3951 0.3972
July 0.4005 0.3908 0.3950
August 0.4060 0.3958 0.4010
September 0.4094 0.4020 0.4059
October 0.4036 0.3942 0.3988
November 0.4143 0.3821 0.3949
December 0.3883 0.2588 0.3803