2017 MOP to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 MOP to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MOP to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 422.4436. Conversely, the yearly low was recorded on July 25, dropping to 360.3587.
This high-to-low spread represents a total annual volatility of 62.0849 MGA. From a start-to-finish perspective, comparing the January average rate of 410.8423 to the December average rate of 400.8645, the exchange rate registered a net change of -2.43% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 422.4436 was down 0.49% compared to the 2016 peak of 424.5248, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
MOP to MGA Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 397.3504, compared to 381.1792 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 16.1712 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was March, with a trading range of 28.4145 MGA (High: 412.0966 / Low: 383.6821). On the other end, November was the most stable month, with a tight range of 8.0936 MGA (High: 401.1635 / Low: 393.0700).
Growth Streaks & Declines
TrendsBetween 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 21.9707 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 410.8423) against the same month in 2016 (average: 400.5840), the exchange rate shifted by +10.2584 (+2.56%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 422.4436 | 399.6520 | 410.8423 |
| February | 402.6001 | 383.3601 | 394.3085 |
| March | 412.0966 | 383.6821 | 398.7922 |
| April | 409.7306 | 395.1024 | 399.3980 |
| May | 398.8833 | 382.1562 | 390.4316 |
| June | 400.9491 | 376.2878 | 390.3298 |
| July | 382.6467 | 360.3587 | 368.3591 |
| August | 371.9373 | 362.5540 | 368.5164 |
| September | 378.6943 | 364.4623 | 370.9951 |
| October | 392.9794 | 376.1851 | 382.7889 |
| November | 401.1635 | 393.0700 | 395.5512 |
| December | 405.7557 | 394.1794 | 400.8645 |