YEARLY HIGH
51.0747 MGA
YEARLY LOW
44.9782 MGA
YEARLY AVERAGE
47.9711 MGA

2017 INR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the INR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 51.0747. Conversely, the yearly low was recorded on July 25, dropping to 44.9782.

This high-to-low spread represents a total annual volatility of 6.0965 MGA. From a start-to-finish perspective, comparing the January average rate of 48.2039 to the December average rate of 50.2433, the exchange rate registered a net change of 4.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 51.0747 was up 2.34% compared to the 2016 peak of 49.9084, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 12,768,673 MGA
2016 Average 11,824,844 MGA
Yearly Trough Low 11,244,549 MGA
Transaction Impact: A difference of 1,524,123.68 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

50.6770
45.4735
JanuMarcMayJulySeptNove

INR 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 48.4075, compared to 47.5346 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8730 points.

H1 Avg (Jan–Jun) 48.4075
H2 Avg (Jul–Dec) 47.5346

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 4.4040 MGA (High: 50.3069 / Low: 45.9029). On the other end, September was the most stable month, with a tight range of 1.0466 MGA (High: 46.9331 / Low: 45.8864).

March Spread (Volatile) ±4.4040
September Spread (Stable) ±1.0466

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 2.6959 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -2.6959

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 50.2433) against the same month in 2016 (average: 49.1735), the exchange rate shifted by +1.0698 (+2.18%).

2017 Avg (December) 50.2433
2016 Avg (December) 49.1735

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 49.6373 46.8633 48.2039
February 47.8959 45.9414 47.0685
March 50.3069 45.9029 48.3925
April 50.8985 49.0333 49.6033
May 49.7735 47.4021 48.5740
June 50.1747 46.7282 48.6030
July 47.4560 44.9782 45.9071
August 47.0257 45.3251 46.3443
September 46.9331 45.8864 46.3882
October 48.6995 46.2019 47.3175
November 50.0227 48.2216 49.0071
December 51.0747 49.3381 50.2433