YEARLY HIGH
2545.0803 MGA
YEARLY LOW
2169.0975 MGA
YEARLY AVERAGE
2311.3664 MGA

2018 NZD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NZD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 2545.0803. Conversely, the yearly low was recorded on August 11, dropping to 2169.0975.

This high-to-low spread represents a total annual volatility of 375.9829 MGA. From a start-to-finish perspective, comparing the January average rate of 2352.1143 to the December average rate of 2416.9654, the exchange rate registered a net change of 2.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2545.0803 was up 7.22% compared to the 2017 peak of 2373.6162, 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 12,725,402 MGA
2017 Average 11,094,816 MGA
Yearly Trough Low 10,845,487 MGA
Transaction Impact: A difference of 1,879,914.33 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2461.2616
2180.8650
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 2312.9504, compared to 2309.7824 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.1680 points.

H1 Avg (Jan–Jun) 2312.9504
H2 Avg (Jul–Dec) 2309.7824

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 211.3925 MGA (High: 2545.0803 / Low: 2333.6879). On the other end, August was the most stable month, with a tight range of 66.7703 MGA (High: 2235.8678 / Low: 2169.0975).

December Spread (Volatile) ±211.3925
August Spread (Stable) ±66.7703

Growth Streaks & Declines

Trends

Between August and November, 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 July and August, when the average rate fell by 66.1817 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -66.1817

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 2416.9654) against the same month in 2017 (average: 2248.0599), the exchange rate shifted by +168.9055 (+7.51%).

2018 Avg (December) 2416.9654
2017 Avg (December) 2248.0599

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2395.3048 2286.3359 2352.1143
February 2380.4362 2252.1873 2314.7131
March 2337.3101 2233.4897 2284.8387
April 2367.6023 2265.7835 2328.0208
May 2327.1052 2229.6271 2265.3564
June 2388.3906 2242.9717 2332.6591
July 2303.0587 2226.0732 2270.4131
August 2235.8678 2169.0975 2204.2314
September 2281.4460 2186.0654 2244.6498
October 2332.5262 2231.8064 2284.5395
November 2520.4522 2343.7500 2437.8952
December 2545.0803 2333.6879 2416.9654