2017 MGA to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 MGA to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MGA to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on July 25, valuing the pair at 7.8355. Conversely, the yearly low was recorded on January 8, dropping to 6.7278.
This high-to-low spread represents a total annual volatility of 1.1077 VND. From a start-to-finish perspective, comparing the January average rate of 6.8886 to the December average rate of 7.0401, the exchange rate registered a net change of 2.20% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 7.8355 was up 3.03% compared to the 2016 peak of 7.6048, 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 VND 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 7.1406, compared to 7.4198 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2792 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was March, with a trading range of 0.5197 VND (High: 7.4242 / Low: 6.9045). On the other end, November was the most stable month, with a tight range of 0.1549 VND (High: 7.2059 / Low: 7.0510).
Growth Streaks & Declines
TrendsNo 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 0.2364 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2017: 7.6797) against the same month in 2016 (average: 7.2560), the exchange rate shifted by +0.4237 (+5.84%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 7.0899 | 6.7278 | 6.8886 |
| February | 7.4289 | 6.9962 | 7.2077 |
| March | 7.4242 | 6.9045 | 7.1520 |
| April | 7.1851 | 6.9215 | 7.0919 |
| May | 7.4010 | 7.1086 | 7.2555 |
| June | 7.5237 | 7.0343 | 7.2479 |
| July | 7.8355 | 7.3817 | 7.6797 |
| August | 7.8241 | 7.5868 | 7.6650 |
| September | 7.7406 | 7.4595 | 7.6073 |
| October | 7.5144 | 7.1762 | 7.3815 |
| November | 7.2059 | 7.0510 | 7.1451 |
| December | 7.1526 | 6.9611 | 7.0401 |