YEARLY HIGH
0.2515 MGA
YEARLY LOW
0.2175 MGA
YEARLY AVERAGE
0.2335 MGA

2017 IDR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the IDR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.2515. Conversely, the yearly low was recorded on August 13, dropping to 0.2175.

This high-to-low spread represents a total annual volatility of 0.0340 MGA. From a start-to-finish perspective, comparing the January average rate of 0.2455 to the December average rate of 0.2381, the exchange rate registered a net change of -3.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2515 was down 0.14% compared to the 2016 peak of 0.2518, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 2,514,519 MGA
2016 Average 2,388,553 MGA
Yearly Trough Low 2,174,728 MGA
Transaction Impact: A difference of 339,790.90 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2479
0.2194
JanuMarcMayJulySeptNove

IDR 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 0.2386, compared to 0.2283 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0103 points.

H1 Avg (Jan–Jun) 0.2386
H2 Avg (Jul–Dec) 0.2283

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0172 MGA (High: 0.2470 / Low: 0.2298). On the other end, November was the most stable month, with a tight range of 0.0055 MGA (High: 0.2386 / Low: 0.2331).

March Spread (Volatile) ±0.0172
November Spread (Stable) ±0.0055

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 0.0137 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0137

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.2455) against the same month in 2016 (average: 0.2315), the exchange rate shifted by +0.0140 (+6.04%).

2017 Avg (January) 0.2455
2016 Avg (January) 0.2315

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2515 0.2387 0.2455
February 0.2418 0.2298 0.2364
March 0.2470 0.2298 0.2388
April 0.2465 0.2381 0.2406
May 0.2403 0.2296 0.2349
June 0.2425 0.2265 0.2355
July 0.2306 0.2176 0.2218
August 0.2250 0.2175 0.2222
September 0.2273 0.2204 0.2246
October 0.2331 0.2240 0.2277
November 0.2386 0.2331 0.2352
December 0.2406 0.2344 0.2381