2018 HKD to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 HKD to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the HKD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 470.7557. Conversely, the yearly low was recorded on March 8, dropping to 392.4277.
This high-to-low spread represents a total annual volatility of 78.3280 MGA. From a start-to-finish perspective, comparing the January average rate of 414.6963 to the December average rate of 454.0319, the exchange rate registered a net change of 9.49% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 470.7557 was up 8.11% compared to the 2017 peak of 435.4255, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 HKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 412.5173, compared to 440.3094 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 27.7921 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was December, with a trading range of 26.3651 MGA (High: 470.7557 / Low: 444.3905). On the other end, April was the most stable month, with a tight range of 6.7972 MGA (High: 414.7185 / Low: 407.9213).
Growth Streaks & Declines
TrendsBetween 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 9.5293 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2018: 454.0319) against the same month in 2017 (average: 412.9643), the exchange rate shifted by +41.0675 (+9.94%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 418.5163 | 409.9616 | 414.6963 |
| February | 412.9854 | 399.3064 | 405.1669 |
| March | 409.5567 | 392.4277 | 401.7954 |
| April | 414.7185 | 407.9213 | 409.8036 |
| May | 424.1107 | 410.8254 | 415.1901 |
| June | 433.8754 | 422.1977 | 428.4518 |
| July | 431.7826 | 417.9613 | 426.0283 |
| August | 425.0682 | 418.2035 | 421.3914 |
| September | 438.6634 | 425.0682 | 434.0876 |
| October | 452.0718 | 438.9994 | 446.7491 |
| November | 468.9899 | 449.9359 | 459.5682 |
| December | 470.7557 | 444.3905 | 454.0319 |