YEARLY HIGH
2.5159 MGA
YEARLY LOW
2.0966 MGA
YEARLY AVERAGE
2.3235 MGA

2018 MMK to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MMK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on June 11, valuing the pair at 2.5159. Conversely, the yearly low was recorded on September 23, dropping to 2.0966.

This high-to-low spread represents a total annual volatility of 0.4194 MGA. From a start-to-finish perspective, comparing the January average rate of 2.4106 to the December average rate of 2.2673, the exchange rate registered a net change of -5.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.5159 was up 0.75% compared to the 2017 peak of 2.4971, 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 12,580 MGA
2017 Average 11,472 MGA
Yearly Trough Low 10,483 MGA
Transaction Impact: A difference of 2,096.77 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.4782
2.1419
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 2.4034, compared to 2.2436 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1598 points.

H1 Avg (Jan–Jun) 2.4034
H2 Avg (Jul–Dec) 2.2436

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.1652 MGA (High: 2.5159 / Low: 2.3507). On the other end, April was the most stable month, with a tight range of 0.0570 MGA (High: 2.4470 / Low: 2.3901).

June Spread (Volatile) ±0.1652
April Spread (Stable) ±0.0570

Growth Streaks & Declines

Trends

Between March and June, 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 July and August, when the average rate fell by 0.1325 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1325

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 2.4502) against the same month in 2017 (average: 2.3003), the exchange rate shifted by +0.1499 (+6.52%).

2018 Avg (June) 2.4502
2017 Avg (June) 2.3003

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4454 2.3846 2.4106
February 2.4254 2.3307 2.3775
March 2.4068 2.3029 2.3562
April 2.4470 2.3901 2.4130
May 2.4576 2.3891 2.4130
June 2.5159 2.3507 2.4502
July 2.4014 2.2540 2.3397
August 2.2530 2.1473 2.2072
September 2.2241 2.0966 2.1700
October 2.2790 2.1940 2.2262
November 2.3001 2.1919 2.2515
December 2.3383 2.2183 2.2673