2017 PEN to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
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.
Comparing the value generated converting 5,000 PEN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |