YEARLY HIGH
435.4255 MGA
YEARLY LOW
371.2688 MGA
YEARLY AVERAGE
400.8362 MGA

2017 HKD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the HKD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 435.4255. Conversely, the yearly low was recorded on July 25, dropping to 371.2688.

This high-to-low spread represents a total annual volatility of 64.1567 MGA. From a start-to-finish perspective, comparing the January average rate of 423.0911 to the December average rate of 412.9643, the exchange rate registered a net change of -2.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 435.4255 was down 0.41% compared to the 2016 peak of 437.2273, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 10,885,639 MGA
2016 Average 10,233,663 MGA
Yearly Trough Low 9,281,721 MGA
Transaction Impact: A difference of 1,603,917.55 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

427.5167
374.4090
JanuMarcMayJulySeptNove

HKD 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 409.1744, compared to 392.4981 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 16.6763 points.

H1 Avg (Jan–Jun) 409.1744
H2 Avg (Jul–Dec) 392.4981

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 28.9945 MGA (High: 424.3772 / Low: 395.3827). On the other end, November was the most stable month, with a tight range of 8.6532 MGA (High: 412.7196 / Low: 404.0664).

March Spread (Volatile) ±28.9945
November Spread (Stable) ±8.6532

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 22.8876 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -22.8876

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 423.0911) against the same month in 2016 (average: 412.7231), the exchange rate shifted by +10.3680 (+2.51%).

2017 Avg (January) 423.0911
2016 Avg (January) 412.7231

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 435.4255 410.6346 423.0911
February 416.0673 394.8555 406.1831
March 424.3772 395.3827 410.3785
April 421.6117 406.4775 411.8223
May 410.9822 393.3998 401.8489
June 413.3352 386.7100 401.7222
July 394.0316 371.2688 378.8346
August 383.0288 371.5082 379.0958
September 389.9757 375.6696 382.4501
October 405.4287 387.9450 394.4117
November 412.7196 404.0664 407.2318
December 417.6315 406.7432 412.9643