2019 NZD to MGA Historical Review

YEARLY HIGH

2483.5115 MGA

YEARLY LOW

1605.6680 MGA

YEARLY AVERAGE

2393.8126 MGA

2019 NZD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NZD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2483.5115. Conversely, the yearly low was recorded on December 16, dropping to 1605.6680.

This high-to-low spread represents a total annual volatility of 877.8435 MGA. From a start-to-finish perspective, comparing the January average rate of 2413.2611 to the December average rate of 2379.9052, the exchange rate registered a net change of -1.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 2483.5115 was down 2.42% compared to the 2018 peak of 2545.0803, 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 12,417,557 MGA

2018 Average 11,555,355 MGA

Yearly Trough Low 8,028,340 MGA

Transaction Impact: A difference of 4,389,217.29 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2437.2586

2328.0634

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 2412.6815, compared to 2374.9437 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 37.7379 points.

H1 Avg (Jan–Jun) 2412.6815

H2 Avg (Jul–Dec) 2374.9437

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 877.8435 MGA (High: 2483.5115 / Low: 1605.6680). On the other end, October was the most stable month, with a tight range of 47.9686 MGA (High: 2360.8262 / Low: 2312.8576).

December Spread (Volatile) ±877.8435

October Spread (Stable) ±47.9686

Growth Streaks & Declines

Trends

Between 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 July and August, when the average rate fell by 55.6884 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -55.6884

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 2379.9052) against the same month in 2018 (average: 2416.9654), the exchange rate shifted by -37.0602 (-1.53%).

2019 Avg (December) 2379.9052

2018 Avg (December) 2416.9654

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2470.3491	2314.2653	2413.2611
February	2468.8043	2374.1947	2416.7757
March	2453.7587	2392.9333	2420.7125
April	2464.9453	2377.2109	2425.1957
May	2416.4901	2367.8489	2391.7664
June	2454.0157	2370.0908	2408.3778
July	2472.9520	2393.0692	2428.1590
August	2403.3593	2332.4114	2372.4706
September	2403.4110	2341.0423	2371.7332
October	2360.8262	2312.8576	2337.1630
November	2396.1913	2317.5060	2360.2309
December	2483.5115	1605.6680	2379.9052