YEARLY HIGH
11.3275 IRR
YEARLY LOW
8.9041 IRR
YEARLY AVERAGE
10.5939 IRR

2017 MGA to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MGA to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 11.3275. Conversely, the yearly low was recorded on January 2, dropping to 8.9041.

This high-to-low spread represents a total annual volatility of 2.4234 IRR. From a start-to-finish perspective, comparing the January average rate of 9.6689 to the December average rate of 10.9263, the exchange rate registered a net change of 13.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 11.3275 was up 10.52% compared to the 2016 peak of 10.2491, 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 56,637 IRR
2016 Average 47,477 IRR
Yearly Trough Low 44,520 IRR
Transaction Impact: A difference of 12,116.96 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

11.2957
9.5210
JanuMarcMayJulySeptNove

MGA to IRR 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 10.1681, compared to 11.0198 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8518 points.

H1 Avg (Jan–Jun) 10.1681
H2 Avg (Jul–Dec) 11.0198

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 1.2577 IRR (High: 10.1618 / Low: 8.9041). On the other end, November was the most stable month, with a tight range of 0.2079 IRR (High: 10.9985 / Low: 10.7906).

January Spread (Volatile) ±1.2577
November Spread (Stable) ±0.2079

Growth Streaks & Declines

Trends

Between June and September, 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 September and October, when the average rate fell by 0.1245 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1245

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 11.1478) against the same month in 2016 (average: 9.8630), the exchange rate shifted by +1.2848 (+13.03%).

2017 Avg (September) 11.1478
2016 Avg (September) 9.8630

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.1618 8.9041 9.6689
February 10.5713 10.0285 10.2811
March 10.5554 9.8467 10.1824
April 10.2604 9.8943 10.1357
May 10.5997 10.1477 10.3745
June 10.7537 10.0710 10.3659
July 11.2728 10.5545 11.0247
August 11.3035 10.9264 11.0815
September 11.3275 10.9910 11.1478
October 11.1748 10.8543 11.0233
November 10.9985 10.7906 10.9154
December 11.0716 10.7706 10.9263