YEARLY HIGH
32.3298 MGA
YEARLY LOW
27.4899 MGA
YEARLY AVERAGE
29.6649 MGA

2017 PKR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PKR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 32.3298. Conversely, the yearly low was recorded on July 6, dropping to 27.4899.

This high-to-low spread represents a total annual volatility of 4.8399 MGA. From a start-to-finish perspective, comparing the January average rate of 31.3616 to the December average rate of 29.6924, the exchange rate registered a net change of -5.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 32.3298 was down 0.46% compared to the 2016 peak of 32.4787, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 16,164,883 MGA
2016 Average 15,172,088 MGA
Yearly Trough Low 13,744,932 MGA
Transaction Impact: A difference of 2,419,950.86 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

31.6834
27.8219
JanuMarcMayJulySeptNove

PKR 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 30.3649, compared to 28.9649 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4000 points.

H1 Avg (Jan–Jun) 30.3649
H2 Avg (Jul–Dec) 28.9649

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 2.1593 MGA (High: 31.4308 / Low: 29.2715). On the other end, November was the most stable month, with a tight range of 0.5550 MGA (High: 30.5787 / Low: 30.0236).

March Spread (Volatile) ±2.1593
November Spread (Stable) ±0.5550

Growth Streaks & Declines

Trends

Between July and November, 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 1.7772 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.7772

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 31.3616) against the same month in 2016 (average: 30.6083), the exchange rate shifted by +0.7533 (+2.46%).

2017 Avg (January) 31.3616
2016 Avg (January) 30.6083

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 32.3298 30.4647 31.3616
February 30.8058 29.2462 30.0717
March 31.4308 29.2715 30.4330
April 31.3085 30.2421 30.5317
May 30.5012 29.2436 29.8705
June 30.7705 28.8569 29.9209
July 29.3220 27.4899 28.1437
August 28.4546 27.7362 28.1908
September 28.7362 27.9396 28.3330
October 29.9864 28.7160 29.2338
November 30.5787 30.0236 30.1960
December 30.5588 29.1923 29.6924