2017 MGA to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 MGA to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MGA to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 1.9486. Conversely, the yearly low was recorded on March 20, dropping to 1.6633.
This high-to-low spread represents a total annual volatility of 0.2853 PYG. From a start-to-finish perspective, comparing the January average rate of 1.7489 to the December average rate of 1.7541, the exchange rate registered a net change of 0.30% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 1.9486 was up 2.72% compared to the 2016 peak of 1.8971, 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 2017.
MGA to PYG 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 1.7709, compared to 1.8407 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0698 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was March, with a trading range of 0.1448 PYG (High: 1.8081 / Low: 1.6633). On the other end, November was the most stable month, with a tight range of 0.0407 PYG (High: 1.8053 / Low: 1.7646).
Growth Streaks & Declines
TrendsBetween 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 February and March, when the average rate fell by 0.0815 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 1.9025) against the same month in 2016 (average: 1.8215), the exchange rate shifted by +0.0811 (+4.45%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.8016 | 1.6959 | 1.7489 |
| February | 1.8659 | 1.7835 | 1.8140 |
| March | 1.8081 | 1.6633 | 1.7325 |
| April | 1.7978 | 1.6855 | 1.7498 |
| May | 1.8485 | 1.7447 | 1.7986 |
| June | 1.8446 | 1.7343 | 1.7815 |
| July | 1.9168 | 1.8147 | 1.8728 |
| August | 1.9339 | 1.8581 | 1.8848 |
| September | 1.9486 | 1.8561 | 1.9025 |
| October | 1.8796 | 1.7976 | 1.8435 |
| November | 1.8053 | 1.7646 | 1.7864 |
| December | 1.7889 | 1.7118 | 1.7541 |