YEARLY HIGH
11038.7050 MGA
YEARLY LOW
9586.7010 MGA
YEARLY AVERAGE
10294.5627 MGA

2017 KWD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the KWD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 11038.7050. Conversely, the yearly low was recorded on July 19, dropping to 9586.7010.

This high-to-low spread represents a total annual volatility of 1452.0040 MGA. From a start-to-finish perspective, comparing the January average rate of 10742.8648 to the December average rate of 10685.2995, the exchange rate registered a net change of -0.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 11038.7050 was down 0.36% compared to the 2016 peak of 11078.9970, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 55,193,525 MGA
2016 Average 52,563,318 MGA
Yearly Trough Low 47,933,505 MGA
Transaction Impact: A difference of 7,260,019.77 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

10840.1917
9672.2684
JanuMarcMayJulySeptNove

KWD 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 10440.0179, compared to 10149.1076 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 290.9103 points.

H1 Avg (Jan–Jun) 10440.0179
H2 Avg (Jul–Dec) 10149.1076

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 756.5088 MGA (High: 10803.2364 / Low: 10046.7276). On the other end, November was the most stable month, with a tight range of 264.5932 MGA (High: 10683.8216 / Low: 10419.2284).

March Spread (Volatile) ±756.5088
November Spread (Stable) ±264.5932

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 554.1694 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -554.1694

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 10742.8648) against the same month in 2016 (average: 10560.8649), the exchange rate shifted by +181.9999 (+1.72%).

2017 Avg (January) 10742.8648
2016 Avg (January) 10560.8649

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11038.7050 10442.7995 10742.8648
February 10590.2556 10037.6288 10327.3569
March 10803.2364 10046.7276 10441.8937
April 10773.4580 10388.8040 10511.6440
May 10507.9850 10067.4570 10292.5833
June 10634.5604 9954.3700 10323.7647
July 10146.4830 9586.7010 9769.5953
August 9923.3096 9623.6324 9821.0690
September 10087.2851 9737.2027 9915.0849
October 10452.5508 10030.7212 10186.2393
November 10683.8216 10419.2284 10517.3577
December 10817.3837 10507.4824 10685.2995