YEARLY HIGH
0.0401 PKR
YEARLY LOW
0.0338 PKR
YEARLY AVERAGE
0.0363 PKR

2018 MGA to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MGA to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0401. Conversely, the yearly low was recorded on January 10, dropping to 0.0338.

This high-to-low spread represents a total annual volatility of 0.0063 PKR. From a start-to-finish perspective, comparing the January average rate of 0.0341 to the December average rate of 0.0392, the exchange rate registered a net change of 14.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0401 was up 10.13% compared to the 2017 peak of 0.0364, 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 200 PKR
2017 Average 169 PKR
Yearly Trough Low 169 PKR
Transaction Impact: A difference of 31.32 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0397
0.0336
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 0.0353, compared to 0.0374 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0353
H2 Avg (Jul–Dec) 0.0374

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0036 PKR (High: 0.0401 / Low: 0.0364). On the other end, April was the most stable month, with a tight range of 0.0006 PKR (High: 0.0362 / Low: 0.0355).

December Spread (Volatile) ±0.0036
April Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0010 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.0392) against the same month in 2017 (average: 0.0337), the exchange rate shifted by +0.0055 (+16.24%).

2018 Avg (December) 0.0392
2017 Avg (December) 0.0337

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0345 0.0338 0.0341
February 0.0354 0.0343 0.0349
March 0.0363 0.0348 0.0357
April 0.0362 0.0355 0.0360
May 0.0358 0.0348 0.0355
June 0.0367 0.0340 0.0353
July 0.0393 0.0359 0.0373
August 0.0378 0.0369 0.0373
September 0.0369 0.0359 0.0363
October 0.0383 0.0351 0.0371
November 0.0378 0.0367 0.0372
December 0.0401 0.0364 0.0392