YEARLY HIGH
0.0027 HKD
YEARLY LOW
0.0023 HKD
YEARLY AVERAGE
0.0025 HKD

2017 MGA to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MGA to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 25, valuing the pair at 0.0027. Conversely, the yearly low was recorded on January 2, dropping to 0.0023.

This high-to-low spread represents a total annual volatility of 0.0004 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0024 to the December average rate of 0.0024, the exchange rate registered a net change of 2.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0027 was up 1.90% compared to the 2016 peak of 0.0026, 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 13 HKD
2016 Average 12 HKD
Yearly Trough Low 11 HKD
Transaction Impact: A difference of 1.98 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0027
0.0023
JanuMarcMayJulySeptNove

MGA to HKD 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 0.0024, compared to 0.0026 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0024
H2 Avg (Jul–Dec) 0.0026

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0002 HKD (High: 0.0025 / Low: 0.0024). On the other end, November was the most stable month, with a tight range of 0.0001 HKD (High: 0.0025 / Low: 0.0024).

March Spread (Volatile) ±0.0002
November Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and July, 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 October and November, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2017: 0.0026) against the same month in 2016 (average: 0.0025), the exchange rate shifted by +0.0001 (+4.67%).

2017 Avg (July) 0.0026
2016 Avg (July) 0.0025

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0024 0.0023 0.0024
February 0.0025 0.0024 0.0025
March 0.0025 0.0024 0.0024
April 0.0025 0.0024 0.0024
May 0.0025 0.0024 0.0025
June 0.0026 0.0024 0.0025
July 0.0027 0.0025 0.0026
August 0.0027 0.0026 0.0026
September 0.0027 0.0026 0.0026
October 0.0026 0.0025 0.0025
November 0.0025 0.0024 0.0025
December 0.0025 0.0024 0.0024