YEARLY HIGH
3.8641 GNF
YEARLY LOW
2.4137 GNF
YEARLY AVERAGE
2.5428 GNF

2019 MGA to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MGA to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 3.8641. Conversely, the yearly low was recorded on November 12, dropping to 2.4137.

This high-to-low spread represents a total annual volatility of 1.4504 GNF. From a start-to-finish perspective, comparing the January average rate of 2.5747 to the December average rate of 2.6424, the exchange rate registered a net change of 2.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 3.8641 was up 31.94% compared to the 2018 peak of 2.9288, 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 19,321 GNF
2018 Average 13,560 GNF
Yearly Trough Low 12,069 GNF
Transaction Impact: A difference of 7,251.94 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.6602
2.4459
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 2.5568, compared to 2.5288 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0280 points.

H1 Avg (Jan–Jun) 2.5568
H2 Avg (Jul–Dec) 2.5288

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 1.2889 GNF (High: 3.8641 / Low: 2.5752). On the other end, June was the most stable month, with a tight range of 0.0423 GNF (High: 2.5312 / Low: 2.4889).

December Spread (Volatile) ±1.2889
June Spread (Stable) ±0.0423

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0525 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0525

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 2.6424) against the same month in 2018 (average: 2.5784), the exchange rate shifted by +0.0639 (+2.48%).

2019 Avg (December) 2.6424
2018 Avg (December) 2.5784

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6395 2.5021 2.5747
February 2.6618 2.5216 2.5946
March 2.6409 2.5465 2.5925
April 2.5949 2.4992 2.5400
May 2.5634 2.4827 2.5210
June 2.5312 2.4889 2.5179
July 2.5589 2.4971 2.5315
August 2.5263 2.4628 2.4941
September 2.4878 2.4425 2.4638
October 2.5370 2.4778 2.5075
November 2.6172 2.4137 2.5335
December 3.8641 2.5752 2.6424