2019 MXN to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 MXN to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the MXN to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 11, valuing the pair at 195.3147. Conversely, the yearly low was recorded on December 16, dropping to 128.6348.
This high-to-low spread represents a total annual volatility of 66.6799 MGA. From a start-to-finish perspective, comparing the January average rate of 185.6324 to the December average rate of 188.8591, the exchange rate registered a net change of 1.74% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 195.3147 was up 3.39% compared to the 2018 peak of 188.9145, 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 2019.
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 187.4190, compared to 190.0735 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.6546 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was December, with a trading range of 66.5706 MGA (High: 195.2054 / Low: 128.6348). On the other end, July was the most stable month, with a tight range of 4.7664 MGA (High: 193.2079 / Low: 188.4415).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 3.6227 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2019: 191.3001) against the same month in 2018 (average: 177.8854), the exchange rate shifted by +13.4148 (+7.54%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 193.1199 | 177.3116 | 185.6324 |
| February | 187.8507 | 181.1447 | 184.3924 |
| March | 188.2652 | 181.2044 | 183.9656 |
| April | 194.0300 | 186.9473 | 190.7821 |
| May | 193.9568 | 186.0745 | 190.6370 |
| June | 191.1845 | 185.2899 | 189.1042 |
| July | 193.2079 | 188.4415 | 190.9457 |
| August | 190.7438 | 183.1683 | 187.3230 |
| September | 194.3641 | 184.8110 | 191.0929 |
| October | 194.1855 | 187.5690 | 190.9205 |
| November | 195.3147 | 184.6663 | 191.3001 |
| December | 195.2054 | 128.6348 | 188.8591 |