YEARLY HIGH
0.0007 FJD
YEARLY LOW
0.0006 FJD
YEARLY AVERAGE
0.0007 FJD

2017 MGA to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MGA to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 6, valuing the pair at 0.0007. Conversely, the yearly low was recorded on January 8, dropping to 0.0006.

This high-to-low spread represents a total annual volatility of 0.0001 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0006 to the December average rate of 0.0006, the exchange rate registered a net change of 0.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0007 was down 0.20% compared to the 2016 peak of 0.0007, 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 4 FJD
2016 Average 3 FJD
Yearly Trough Low 3 FJD
Transaction Impact: A difference of 0.41 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0007
0.0006
JanuMarcMayJulySeptNove

MGA to FJD 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 0.0007, compared to 0.0007 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0007
H2 Avg (Jul–Dec) 0.0007

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0001 FJD (High: 0.0007 / Low: 0.0006). On the other end, November was the most stable month, with a tight range of 0.0000 FJD (High: 0.0007 / Low: 0.0006).

March Spread (Volatile) ±0.0001
November Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0000 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2017: 0.0007) against the same month in 2016 (average: 0.0007), the exchange rate shifted by +0.0000 (+2.37%).

2017 Avg (July) 0.0007
2016 Avg (July) 0.0007

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0006 0.0006 0.0006
February 0.0007 0.0006 0.0007
March 0.0007 0.0006 0.0007
April 0.0007 0.0006 0.0007
May 0.0007 0.0007 0.0007
June 0.0007 0.0006 0.0007
July 0.0007 0.0007 0.0007
August 0.0007 0.0007 0.0007
September 0.0007 0.0007 0.0007
October 0.0007 0.0007 0.0007
November 0.0007 0.0006 0.0007
December 0.0007 0.0006 0.0006