YEARLY HIGH
4768.1402 MGA
YEARLY LOW
4090.4622 MGA
YEARLY AVERAGE
4404.0222 MGA

2017 JOD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JOD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 4768.1402. Conversely, the yearly low was recorded on July 19, dropping to 4090.4622.

This high-to-low spread represents a total annual volatility of 677.6780 MGA. From a start-to-finish perspective, comparing the January average rate of 4631.8095 to the December average rate of 4548.9370, the exchange rate registered a net change of -1.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 4768.1402 was down 0.37% compared to the 2016 peak of 4785.8922, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 JOD based on timing:

Yearly Peak High 23,840,701 MGA
2016 Average 22,423,481 MGA
Yearly Trough Low 20,452,311 MGA
Transaction Impact: A difference of 3,388,389.85 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

4678.1550
4122.0088
JanuMarcMayJulySeptNove

JOD 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 4484.6164, compared to 4323.4280 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 161.1884 points.

H1 Avg (Jan–Jun) 4484.6164
H2 Avg (Jul–Dec) 4323.4280

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 315.2921 MGA (High: 4647.5092 / Low: 4332.2170). On the other end, November was the most stable month, with a tight range of 99.5062 MGA (High: 4545.4097 / Low: 4445.9035).

March Spread (Volatile) ±315.2921
November Spread (Stable) ±99.5062

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 243.6778 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -243.6778

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 4631.8095) against the same month in 2016 (average: 4527.7126), the exchange rate shifted by +104.0969 (+2.30%).

2017 Avg (January) 4631.8095
2016 Avg (January) 4527.7126

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4768.1402 4496.5796 4631.8095
February 4556.7396 4326.0409 4448.1225
March 4647.5092 4332.2170 4494.3957
April 4622.3482 4457.3125 4512.6572
May 4506.6419 4317.8858 4408.6815
June 4541.7467 4259.0573 4412.0322
July 4334.6899 4090.4622 4168.3544
August 4228.8566 4096.9333 4182.7580
September 4299.1109 4139.4864 4216.1655
October 4462.0830 4273.6188 4341.3654
November 4545.4097 4445.9035 4482.9879
December 4601.2741 4478.7006 4548.9370