2017 MXN to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 MXN to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MXN to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 179.4714. Conversely, the yearly low was recorded on January 19, dropping to 147.5193.
This high-to-low spread represents a total annual volatility of 31.9521 MGA. From a start-to-finish perspective, comparing the January average rate of 153.7790 to the December average rate of 167.8767, the exchange rate registered a net change of 9.17% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 179.4714 was down 4.23% compared to the 2016 peak of 187.3918, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 MXN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
MXN 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 164.1546, compared to 166.5854 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4308 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was March, with a trading range of 20.3886 MGA (High: 173.9614 / Low: 153.5728). On the other end, September was the most stable month, with a tight range of 4.8271 MGA (High: 170.3197 / Low: 165.4926).
Growth Streaks & Declines
TrendsBetween January and April, 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 June and July, when the average rate fell by 6.5937 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2017: 172.5779) against the same month in 2016 (average: 174.8867), the exchange rate shifted by -2.3088 (-1.32%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 162.8461 | 147.5193 | 153.7790 |
| February | 158.7447 | 152.2809 | 155.4511 |
| March | 173.9614 | 153.5728 | 165.5270 |
| April | 174.1867 | 164.9675 | 170.8902 |
| May | 170.6950 | 161.7376 | 166.7022 |
| June | 179.4714 | 165.4524 | 172.5779 |
| July | 169.9465 | 159.5465 | 165.9841 |
| August | 168.1198 | 163.0183 | 166.5908 |
| September | 170.3197 | 165.4926 | 167.6205 |
| October | 167.7697 | 160.2538 | 163.4618 |
| November | 173.6182 | 164.9943 | 167.9782 |
| December | 173.0307 | 162.5248 | 167.8767 |