YEARLY HIGH
0.0236 AFN
YEARLY LOW
0.0197 AFN
YEARLY AVERAGE
0.0218 AFN

2017 MGA to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MGA to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 25, valuing the pair at 0.0236. Conversely, the yearly low was recorded on January 4, dropping to 0.0197.

This high-to-low spread represents a total annual volatility of 0.0039 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0203 to the December average rate of 0.0215, the exchange rate registered a net change of 5.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0236 was up 0.78% compared to the 2016 peak of 0.0234, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 118 AFN
2016 Average 107 AFN
Yearly Trough Low 99 AFN
Transaction Impact: A difference of 19.40 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0234
0.0201
JanuMarcMayJulySeptNove

MGA to AFN 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 0.0212, compared to 0.0224 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0212
H2 Avg (Jul–Dec) 0.0224

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0015 AFN (High: 0.0218 / Low: 0.0202). On the other end, November was the most stable month, with a tight range of 0.0004 AFN (High: 0.0218 / Low: 0.0213).

March Spread (Volatile) ±0.0015
November Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between March and August, 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 September and October, when the average rate fell by 0.0008 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2017: 0.0231) against the same month in 2016 (average: 0.0223), the exchange rate shifted by +0.0007 (+3.31%).

2017 Avg (July) 0.0231
2016 Avg (July) 0.0223

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0209 0.0197 0.0203
February 0.0218 0.0207 0.0212
March 0.0218 0.0202 0.0209
April 0.0214 0.0206 0.0211
May 0.0222 0.0211 0.0217
June 0.0225 0.0211 0.0217
July 0.0236 0.0221 0.0231
August 0.0234 0.0228 0.0231
September 0.0233 0.0225 0.0229
October 0.0226 0.0216 0.0222
November 0.0218 0.0213 0.0216
December 0.0217 0.0213 0.0215