YEARLY HIGH
0.0222 INR
YEARLY LOW
0.0196 INR
YEARLY AVERAGE
0.0209 INR

2017 MGA to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MGA to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 25, valuing the pair at 0.0222. Conversely, the yearly low was recorded on December 31, dropping to 0.0196.

This high-to-low spread represents a total annual volatility of 0.0027 INR. From a start-to-finish perspective, comparing the January average rate of 0.0208 to the December average rate of 0.0199, the exchange rate registered a net change of -4.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0222 was down 2.39% compared to the 2016 peak of 0.0228, 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 111 INR
2016 Average 106 INR
Yearly Trough Low 98 INR
Transaction Impact: A difference of 13.27 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0220
0.0197
JanuMarcMayJulySeptNove

MGA to INR 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 0.0207, compared to 0.0211 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0207
H2 Avg (Jul–Dec) 0.0211

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0019 INR (High: 0.0218 / Low: 0.0199). On the other end, September was the most stable month, with a tight range of 0.0005 INR (High: 0.0218 / Low: 0.0213).

March Spread (Volatile) ±0.0019
September Spread (Stable) ±0.0005

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 0.0007 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2017: 0.0218) against the same month in 2016 (average: 0.0218), the exchange rate shifted by -0.0000 (-0.22%).

2017 Avg (July) 0.0218
2016 Avg (July) 0.0218

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0213 0.0201 0.0208
February 0.0218 0.0209 0.0212
March 0.0218 0.0199 0.0207
April 0.0204 0.0196 0.0202
May 0.0211 0.0201 0.0206
June 0.0214 0.0199 0.0206
July 0.0222 0.0211 0.0218
August 0.0221 0.0213 0.0216
September 0.0218 0.0213 0.0216
October 0.0216 0.0205 0.0211
November 0.0207 0.0200 0.0204
December 0.0203 0.0196 0.0199