YEARLY HIGH
13.3643 IRR
YEARLY LOW
10.9230 IRR
YEARLY AVERAGE
12.1685 IRR

2018 MGA to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MGA to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 3, valuing the pair at 13.3643. Conversely, the yearly low was recorded on January 2, dropping to 10.9230.

This high-to-low spread represents a total annual volatility of 2.4413 IRR. From a start-to-finish perspective, comparing the January average rate of 11.1163 to the December average rate of 11.9004, the exchange rate registered a net change of 7.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 13.3643 was up 17.98% compared to the 2017 peak of 11.3275, 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 66,822 IRR
2017 Average 52,980 IRR
Yearly Trough Low 54,615 IRR
Transaction Impact: A difference of 12,206.48 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

13.2964
10.9181
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 11.9053, compared to 12.4318 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5264 points.

H1 Avg (Jan–Jun) 11.9053
H2 Avg (Jul–Dec) 12.4318

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 1.5342 IRR (High: 13.0291 / Low: 11.4949). On the other end, April was the most stable month, with a tight range of 0.2159 IRR (High: 11.7311 / Low: 11.5152).

May Spread (Volatile) ±1.5342
April Spread (Stable) ±0.2159

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.5449 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.5449

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 13.0982) against the same month in 2017 (average: 11.0815), the exchange rate shifted by +2.0167 (+18.20%).

2018 Avg (August) 13.0982
2017 Avg (August) 11.0815

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.4768 10.9230 11.1163
February 11.9318 11.4419 11.6969
March 12.1647 11.6946 11.9041
April 11.7311 11.5152 11.6632
May 13.0291 11.4949 12.4517
June 12.8546 12.4062 12.5997
July 13.3452 12.5935 12.9458
August 13.3643 12.9365 13.0982
September 12.9454 12.5520 12.6889
October 12.5593 11.9948 12.1440
November 12.0558 11.5789 11.8132
December 12.1073 11.5331 11.9004