YEARLY HIGH
482.2050 MGA
YEARLY LOW
312.6066 MGA
YEARLY AVERAGE
463.6217 MGA

2019 HKD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the HKD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 482.2050. Conversely, the yearly low was recorded on December 16, dropping to 312.6066.

This high-to-low spread represents a total annual volatility of 169.5984 MGA. From a start-to-finish perspective, comparing the January average rate of 453.8648 to the December average rate of 461.9514, the exchange rate registered a net change of 1.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 482.2050 was up 2.43% compared to the 2018 peak of 470.7557, 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 12,055,125 MGA
2018 Average 10,662,902 MGA
Yearly Trough Low 7,815,165 MGA
Transaction Impact: A difference of 4,239,959.70 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

480.2161
447.9402
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 457.7814, compared to 469.4620 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.6806 points.

H1 Avg (Jan–Jun) 457.7814
H2 Avg (Jul–Dec) 469.4620

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 161.8984 MGA (High: 474.5050 / Low: 312.6066). On the other end, June was the most stable month, with a tight range of 4.9339 MGA (High: 468.3303 / Low: 463.3964).

December Spread (Volatile) ±161.8984
June Spread (Stable) ±4.9339

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 9.4585 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -9.4585

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 477.5265) against the same month in 2018 (average: 434.0876), the exchange rate shifted by +43.4389 (+10.01%).

2019 Avg (September) 477.5265
2018 Avg (September) 434.0876

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 465.0223 444.0821 453.8648
February 461.0995 440.9469 450.6299
March 456.3490 445.2616 451.2417
April 464.9307 453.1866 460.5477
May 469.4262 458.5242 464.3302
June 468.3303 463.3964 466.0741
July 470.0371 461.8465 465.5425
August 474.8951 466.8341 470.2957
September 482.2050 472.2517 477.5265
October 475.8453 464.0779 470.0459
November 478.3555 460.8848 471.4100
December 474.5050 312.6066 461.9514