2018 MGA to JPY Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 MGA to JPY Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the MGA to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0349. Conversely, the yearly low was recorded on December 1, dropping to 0.0308.
This high-to-low spread represents a total annual volatility of 0.0041 JPY. From a start-to-finish perspective, comparing the January average rate of 0.0342 to the December average rate of 0.0316, the exchange rate registered a net change of -7.71% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 0.0349 was down 10.04% compared to the 2017 peak of 0.0388, 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 2018.
MGA to JPY 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 0.0336, compared to 0.0325 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was March, with a trading range of 0.0020 JPY (High: 0.0346 / Low: 0.0326). On the other end, February was the most stable month, with a tight range of 0.0007 JPY (High: 0.0343 / Low: 0.0336).
Growth Streaks & Declines
TrendsBetween June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0009 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2018: 0.0342) against the same month in 2017 (average: 0.0351), the exchange rate shifted by -0.0008 (-2.38%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.0349 | 0.0338 | 0.0342 |
| February | 0.0343 | 0.0336 | 0.0340 |
| March | 0.0346 | 0.0326 | 0.0337 |
| April | 0.0341 | 0.0329 | 0.0335 |
| May | 0.0342 | 0.0327 | 0.0337 |
| June | 0.0334 | 0.0323 | 0.0327 |
| July | 0.0340 | 0.0327 | 0.0333 |
| August | 0.0340 | 0.0332 | 0.0336 |
| September | 0.0334 | 0.0325 | 0.0329 |
| October | 0.0332 | 0.0317 | 0.0322 |
| November | 0.0321 | 0.0309 | 0.0315 |
| December | 0.0323 | 0.0308 | 0.0316 |