YEARLY HIGH
3.0987 GNF
YEARLY LOW
2.7643 GNF
YEARLY AVERAGE
2.9242 GNF

2017 MGA to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MGA to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 6, valuing the pair at 3.0987. Conversely, the yearly low was recorded on December 31, dropping to 2.7643.

This high-to-low spread represents a total annual volatility of 0.3344 GNF. From a start-to-finish perspective, comparing the January average rate of 2.8547 to the December average rate of 2.7954, the exchange rate registered a net change of -2.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 3.0987 was up 1.27% compared to the 2016 peak of 3.0598, 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 15,494 GNF
2016 Average 13,186 GNF
Yearly Trough Low 13,822 GNF
Transaction Impact: A difference of 1,671.97 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

3.0705
2.7704
JanuMarcMayJulySeptNove

MGA to GNF 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 2.9135, compared to 2.9349 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0214 points.

H1 Avg (Jan–Jun) 2.9135
H2 Avg (Jul–Dec) 2.9349

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.2432 GNF (High: 3.0572 / Low: 2.8140). On the other end, November was the most stable month, with a tight range of 0.0606 GNF (High: 2.8594 / Low: 2.7989).

March Spread (Volatile) ±0.2432
November Spread (Stable) ±0.0606

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 September and October, when the average rate fell by 0.0832 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0832

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2017: 3.0455) against the same month in 2016 (average: 2.9104), the exchange rate shifted by +0.1351 (+4.64%).

2017 Avg (July) 3.0455
2016 Avg (July) 2.9104

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.9508 2.7811 2.8547
February 3.0459 2.8853 2.9751
March 3.0572 2.8140 2.9290
April 2.9312 2.8356 2.8963
May 2.9784 2.8545 2.9297
June 3.0029 2.8176 2.8960
July 3.0987 2.9600 3.0455
August 3.0852 2.9843 3.0130
September 3.0469 2.9445 3.0010
October 2.9651 2.8533 2.9178
November 2.8594 2.7989 2.8367
December 2.8476 2.7643 2.7954