2019 NAD to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 NAD to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the NAD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 265.4722. Conversely, the yearly low was recorded on May 19, dropping to 98.5596.
This high-to-low spread represents a total annual volatility of 166.9126 MGA. From a start-to-finish perspective, comparing the January average rate of 256.3917 to the December average rate of 250.2396, the exchange rate registered a net change of -2.40% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 265.4722 was down 3.51% compared to the 2018 peak of 275.1182, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
NAD 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 252.1572, compared to 250.3960 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.7612 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was May, with a trading range of 157.8005 MGA (High: 256.3601 / Low: 98.5596). On the other end, July was the most stable month, with a tight range of 7.2608 MGA (High: 263.4254 / Low: 256.1646).
Growth Streaks & Declines
TrendsBetween May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 15.3451 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2019: 256.6585) against the same month in 2018 (average: 267.9444), the exchange rate shifted by -11.2859 (-4.21%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 265.0965 | 242.1977 | 256.3917 |
| February | 265.4722 | 249.0124 | 256.6585 |
| March | 254.1397 | 242.2037 | 246.5681 |
| April | 260.4208 | 247.6060 | 255.0230 |
| May | 256.3601 | 98.5596 | 247.9698 |
| June | 258.5498 | 242.3146 | 250.3320 |
| July | 263.4254 | 256.1646 | 259.3586 |
| August | 258.0585 | 238.6482 | 244.0135 |
| September | 255.4923 | 244.4299 | 251.9172 |
| October | 252.7921 | 240.6065 | 247.4093 |
| November | 253.9107 | 243.4697 | 249.4378 |
| December | 263.5322 | 168.9295 | 250.2396 |