2017 MGA to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 MGA to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MGA to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 4.5983. Conversely, the yearly low was recorded on January 8, dropping to 3.9769.
This high-to-low spread represents a total annual volatility of 0.6214 IDR. From a start-to-finish perspective, comparing the January average rate of 4.0742 to the December average rate of 4.2004, the exchange rate registered a net change of 3.10% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 4.5983 was up 2.99% compared to the 2016 peak of 4.4647, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MGA based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
MGA to IDR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 4.1928, compared to 4.3843 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1914 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was March, with a trading range of 0.3025 IDR (High: 4.3513 / Low: 4.0488). On the other end, November was the most stable month, with a tight range of 0.0995 IDR (High: 4.2904 / Low: 4.1909).
Growth Streaks & Declines
TrendsNo 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 0.1400 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2017: 4.5005) against the same month in 2016 (average: 4.3577), the exchange rate shifted by +0.1428 (+3.28%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.1901 | 3.9769 | 4.0742 |
| February | 4.3521 | 4.1358 | 4.2311 |
| March | 4.3513 | 4.0488 | 4.1901 |
| April | 4.1992 | 4.0569 | 4.1561 |
| May | 4.3557 | 4.1615 | 4.2577 |
| June | 4.4141 | 4.1234 | 4.2479 |
| July | 4.5950 | 4.3356 | 4.5097 |
| August | 4.5983 | 4.4447 | 4.5005 |
| September | 4.5366 | 4.3992 | 4.4519 |
| October | 4.4638 | 4.2908 | 4.3916 |
| November | 4.2904 | 4.1909 | 4.2516 |
| December | 4.2662 | 4.1569 | 4.2004 |