YEARLY HIGH
2.4971 MGA
YEARLY LOW
2.1149 MGA
YEARLY AVERAGE
2.2945 MGA

2017 MMK to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MMK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 2.4971. Conversely, the yearly low was recorded on July 25, dropping to 2.1149.

This high-to-low spread represents a total annual volatility of 0.3822 MGA. From a start-to-finish perspective, comparing the January average rate of 2.4184 to the December average rate of 2.3753, the exchange rate registered a net change of -1.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.4971 was down 10.23% compared to the 2016 peak of 2.7816, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MMK based on timing:

Yearly Peak High 12,486 MGA
2016 Average 12,876 MGA
Yearly Trough Low 10,575 MGA
Transaction Impact: A difference of 1,910.90 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.4431
2.1468
JanuMarcMayJulySeptNove

MMK to MGA 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 2.3340, compared to 2.2550 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0790 points.

H1 Avg (Jan–Jun) 2.3340
H2 Avg (Jul–Dec) 2.2550

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.1613 MGA (High: 2.4971 / Low: 2.3358). On the other end, September was the most stable month, with a tight range of 0.0509 MGA (High: 2.2192 / Low: 2.1683).

January Spread (Volatile) ±0.1613
September Spread (Stable) ±0.0509

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.1288 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1288

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 2.4184) against the same month in 2016 (average: 2.4710), the exchange rate shifted by -0.0526 (-2.13%).

2017 Avg (January) 2.4184
2016 Avg (January) 2.4710

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4971 2.3358 2.4184
February 2.3610 2.2395 2.3031
March 2.4033 2.2545 2.3322
April 2.4276 2.3117 2.3539
May 2.3644 2.2378 2.2959
June 2.3682 2.2109 2.3003
July 2.2471 2.1149 2.1715
August 2.2029 2.1457 2.1803
September 2.2192 2.1683 2.1958
October 2.3150 2.2148 2.2608
November 2.3822 2.3214 2.3461
December 2.4125 2.3417 2.3753