YEARLY HIGH
1013.2892 MGA
YEARLY LOW
893.2874 MGA
YEARLY AVERAGE
957.8876 MGA

2017 PEN to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PEN to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 1013.2892. Conversely, the yearly low was recorded on July 25, dropping to 893.2874.

This high-to-low spread represents a total annual volatility of 120.0019 MGA. From a start-to-finish perspective, comparing the January average rate of 982.9903 to the December average rate of 994.3388, the exchange rate registered a net change of 1.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1013.2892 was up 0.32% compared to the 2016 peak of 1010.0699, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,066,446 MGA
2016 Average 4,709,672 MGA
Yearly Trough Low 4,466,437 MGA
Transaction Impact: A difference of 600,009.40 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1002.6704
902.6914
JanuMarcMayJulySeptNove

PEN 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 971.2954, compared to 944.4798 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 26.8156 points.

H1 Avg (Jan–Jun) 971.2954
H2 Avg (Jul–Dec) 944.4798

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 78.4094 MGA (High: 1013.2892 / Low: 934.8798). On the other end, September was the most stable month, with a tight range of 24.9264 MGA (High: 932.4356 / Low: 907.5091).

March Spread (Volatile) ±78.4094
September Spread (Stable) ±24.9264

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 48.3230 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -48.3230

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 976.7984) against the same month in 2016 (average: 941.9450), the exchange rate shifted by +34.8534 (+3.70%).

2017 Avg (March) 976.7984
2016 Avg (March) 941.9450

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1006.6250 968.4956 982.9903
February 987.6590 938.8880 967.2920
March 1013.2892 934.8798 976.7984
April 1011.7623 972.9799 985.0173
May 983.8261 936.6170 956.3284
June 985.3693 931.5438 959.3460
July 946.4563 893.2874 911.0230
August 924.2745 898.5752 914.7708
September 932.4356 907.5091 920.6846
October 974.7887 926.6049 946.7146
November 996.8243 933.6029 979.3469
December 1007.1759 981.4258 994.3388