YEARLY HIGH
0.0364 PKR
YEARLY LOW
0.0309 PKR
YEARLY AVERAGE
0.0338 PKR

2017 MGA to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MGA to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 6, valuing the pair at 0.0364. Conversely, the yearly low was recorded on January 2, dropping to 0.0309.

This high-to-low spread represents a total annual volatility of 0.0054 PKR. From a start-to-finish perspective, comparing the January average rate of 0.0319 to the December average rate of 0.0337, the exchange rate registered a net change of 5.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0364 was up 1.90% compared to the 2016 peak of 0.0357, 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 182 PKR
2016 Average 165 PKR
Yearly Trough Low 155 PKR
Transaction Impact: A difference of 27.23 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0359
0.0315
JanuMarcMayJulySeptNove

MGA to PKR 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 0.0330, compared to 0.0346 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0330
H2 Avg (Jul–Dec) 0.0346

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0023 PKR (High: 0.0342 / Low: 0.0318). On the other end, November was the most stable month, with a tight range of 0.0006 PKR (High: 0.0333 / Low: 0.0327).

March Spread (Volatile) ±0.0023
November Spread (Stable) ±0.0006

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 0.0011 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2017: 0.0355) against the same month in 2016 (average: 0.0341), the exchange rate shifted by +0.0015 (+4.29%).

2017 Avg (July) 0.0355
2016 Avg (July) 0.0341

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0328 0.0309 0.0319
February 0.0342 0.0325 0.0333
March 0.0342 0.0318 0.0329
April 0.0331 0.0319 0.0328
May 0.0342 0.0328 0.0335
June 0.0347 0.0325 0.0334
July 0.0364 0.0341 0.0355
August 0.0361 0.0351 0.0355
September 0.0358 0.0348 0.0353
October 0.0348 0.0333 0.0342
November 0.0333 0.0327 0.0331
December 0.0343 0.0327 0.0337