YEARLY HIGH
0.1742 XAF
YEARLY LOW
0.1571 XAF
YEARLY AVERAGE
0.1664 XAF

2018 MGA to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MGA to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 10, valuing the pair at 0.1742. Conversely, the yearly low was recorded on December 2, dropping to 0.1571.

This high-to-low spread represents a total annual volatility of 0.0172 XAF. From a start-to-finish perspective, comparing the January average rate of 0.1658 to the December average rate of 0.1624, the exchange rate registered a net change of -2.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1742 was down 14.27% compared to the 2017 peak of 0.2032, 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 871 XAF
2017 Average 932 XAF
Yearly Trough Low 785 XAF
Transaction Impact: A difference of 85.98 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1730
0.1593
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 0.1676, compared to 0.1652 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.1676
H2 Avg (Jul–Dec) 0.1652

Volatility Range Comparison

Volatility

The most volatile month in 2018 was February, with a trading range of 0.0092 XAF (High: 0.1722 / Low: 0.1630). On the other end, May was the most stable month, with a tight range of 0.0046 XAF (High: 0.1731 / Low: 0.1684).

February Spread (Volatile) ±0.0092
May Spread (Stable) ±0.0046

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0063 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0063

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.1718) against the same month in 2017 (average: 0.1872), the exchange rate shifted by -0.0153 (-8.19%).

2018 Avg (August) 0.1718
2017 Avg (August) 0.1872

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1693 0.1637 0.1658
February 0.1722 0.1630 0.1677
March 0.1732 0.1645 0.1688
April 0.1689 0.1642 0.1662
May 0.1731 0.1684 0.1703
June 0.1697 0.1635 0.1671
July 0.1715 0.1653 0.1678
August 0.1742 0.1684 0.1718
September 0.1695 0.1631 0.1655
October 0.1659 0.1599 0.1631
November 0.1634 0.1572 0.1604
December 0.1648 0.1571 0.1624