YEARLY HIGH
2.5044 MGA
YEARLY LOW
1.6166 MGA
YEARLY AVERAGE
2.3876 MGA

2019 MMK to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MMK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.5044. Conversely, the yearly low was recorded on December 16, dropping to 1.6166.

This high-to-low spread represents a total annual volatility of 0.8878 MGA. From a start-to-finish perspective, comparing the January average rate of 2.3219 to the December average rate of 2.4045, the exchange rate registered a net change of 3.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.5044 was down 0.46% compared to the 2018 peak of 2.5159, 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 12,522 MGA
2018 Average 11,616 MGA
Yearly Trough Low 8,083 MGA
Transaction Impact: A difference of 4,439.12 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.4609
2.2988
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 2.3526, compared to 2.4225 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0700 points.

H1 Avg (Jan–Jun) 2.3526
H2 Avg (Jul–Dec) 2.4225

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.8878 MGA (High: 2.5044 / Low: 1.6166). On the other end, August was the most stable month, with a tight range of 0.0377 MGA (High: 2.4546 / Low: 2.4169).

December Spread (Volatile) ±0.8878
August Spread (Stable) ±0.0377

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0389 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0389

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 2.4045) against the same month in 2018 (average: 2.2673), the exchange rate shifted by +0.1372 (+6.05%).

2019 Avg (December) 2.4045
2018 Avg (December) 2.2673

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3905 2.2586 2.3219
February 2.3576 2.2717 2.3123
March 2.3669 2.2796 2.3254
April 2.4165 2.3377 2.3820
May 2.4059 2.3549 2.3799
June 2.4118 2.3733 2.3939
July 2.4305 2.3812 2.4057
August 2.4546 2.4169 2.4336
September 2.4778 2.4302 2.4474
October 2.4354 2.3717 2.4085
November 2.4713 2.3911 2.4356
December 2.5044 1.6166 2.4045