2017 NZD to MGA Historical Review

YEARLY HIGH

2373.6162 MGA

YEARLY LOW

2120.0349 MGA

YEARLY AVERAGE

2219.3535 MGA

2017 NZD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NZD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 2373.6162. Conversely, the yearly low was recorded on May 18, dropping to 2120.0349.

This high-to-low spread represents a total annual volatility of 253.5813 MGA. From a start-to-finish perspective, comparing the January average rate of 2336.7300 to the December average rate of 2248.0599, the exchange rate registered a net change of -3.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2373.6162 was down 0.68% compared to the 2016 peak of 2389.9785, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NZD based on timing:

Yearly Peak High 11,868,081 MGA

2016 Average 11,072,343 MGA

Yearly Trough Low 10,600,175 MGA

Transaction Impact: A difference of 1,267,906.39 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2353.7502

2149.5089

JanuMarcMayJulySeptNove

NZD 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 2252.2515, compared to 2186.4556 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 65.7959 points.

H1 Avg (Jan–Jun) 2252.2515

H2 Avg (Jul–Dec) 2186.4556

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 178.1820 MGA (High: 2316.8005 / Low: 2138.6184). On the other end, November was the most stable month, with a tight range of 65.5822 MGA (High: 2220.6061 / Low: 2155.0238).

March Spread (Volatile) ±178.1820

November Spread (Stable) ±65.5822

Growth Streaks & Declines

Trends

Between August and December, 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 June and July, when the average rate fell by 83.4941 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -83.4941

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 2336.7300) against the same month in 2016 (average: 2101.8141), the exchange rate shifted by +234.9159 (+11.18%).

2017 Avg (January) 2336.7300

2016 Avg (January) 2101.8141

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2373.6162	2297.1334	2336.7300
February	2342.8741	2198.5242	2275.4545
March	2316.8005	2138.6184	2231.8711
April	2299.7661	2182.8745	2232.7220
May	2224.9418	2120.0349	2173.4055
June	2333.0713	2184.2854	2263.3257
July	2243.1470	2122.3201	2179.8317
August	2222.0804	2120.4158	2166.5290
September	2218.3633	2121.1268	2166.7145
October	2205.5012	2123.0594	2168.7400
November	2220.6061	2155.0238	2188.8585
December	2315.7914	2180.6982	2248.0599