YEARLY HIGH
0.2032 XAF
YEARLY LOW
0.1676 XAF
YEARLY AVERAGE
0.1864 XAF

2017 MGA to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MGA to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 2, valuing the pair at 0.2032. Conversely, the yearly low was recorded on December 31, dropping to 0.1676.

This high-to-low spread represents a total annual volatility of 0.0357 XAF. From a start-to-finish perspective, comparing the January average rate of 0.1883 to the December average rate of 0.1717, the exchange rate registered a net change of -8.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2032 was up 1.09% compared to the 2016 peak of 0.2011, 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 1,016 XAF
2016 Average 935 XAF
Yearly Trough Low 838 XAF
Transaction Impact: A difference of 178.28 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1981
0.1693
JanuMarcMayJulySeptNove

MGA to XAF 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 0.1908, compared to 0.1821 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0087 points.

H1 Avg (Jan–Jun) 0.1908
H2 Avg (Jul–Dec) 0.1821

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0179 XAF (High: 0.2032 / Low: 0.1854). On the other end, September was the most stable month, with a tight range of 0.0051 XAF (High: 0.1868 / Low: 0.1816).

March Spread (Volatile) ±0.0179
September Spread (Stable) ±0.0051

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 0.0056 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 0.1929) against the same month in 2016 (average: 0.1839), the exchange rate shifted by +0.0090 (+4.87%).

2017 Avg (March) 0.1929
2016 Avg (March) 0.1839

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1927 0.1849 0.1883
February 0.2025 0.1890 0.1957
March 0.2032 0.1854 0.1929
April 0.1937 0.1846 0.1914
May 0.1923 0.1864 0.1897
June 0.1904 0.1818 0.1867
July 0.1975 0.1874 0.1924
August 0.1910 0.1837 0.1872
September 0.1868 0.1816 0.1842
October 0.1845 0.1787 0.1813
November 0.1787 0.1717 0.1757
December 0.1754 0.1676 0.1717