YEARLY HIGH
927.7577 MGA
YEARLY LOW
789.5336 MGA
YEARLY AVERAGE
849.6148 MGA

2017 QAR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the QAR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 927.7577. Conversely, the yearly low was recorded on July 19, dropping to 789.5336.

This high-to-low spread represents a total annual volatility of 138.2240 MGA. From a start-to-finish perspective, comparing the January average rate of 901.2925 to the December average rate of 879.5530, the exchange rate registered a net change of -2.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 927.7577 was down 0.38% compared to the 2016 peak of 931.2583, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,638,788 MGA
2016 Average 4,363,195 MGA
Yearly Trough Low 3,947,668 MGA
Transaction Impact: A difference of 691,120.16 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

910.7505
797.2555
JanuMarcMayJulySeptNove

QAR 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 872.1589, compared to 827.0706 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 45.0883 points.

H1 Avg (Jan–Jun) 872.1589
H2 Avg (Jul–Dec) 827.0706

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 74.1583 MGA (High: 885.7830 / Low: 811.6247). On the other end, August was the most stable month, with a tight range of 25.6267 MGA (High: 820.6800 / Low: 795.0533).

November Spread (Volatile) ±74.1583
August Spread (Stable) ±25.6267

Growth Streaks & Declines

Trends

Between September and December, 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 June and July, when the average rate fell by 45.4465 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -45.4465

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 901.2925) against the same month in 2016 (average: 881.7435), the exchange rate shifted by +19.5490 (+2.22%).

2017 Avg (January) 901.2925
2016 Avg (January) 881.7435

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 927.7577 874.9389 901.2925
February 886.6202 841.7580 865.6179
March 904.5839 842.9382 875.1880
April 900.5849 868.4305 879.2614
May 878.2014 841.3260 859.4338
June 879.8175 808.6483 852.1599
July 845.2764 789.5336 806.7134
August 820.6800 795.0533 810.3420
September 820.0051 792.6965 807.2179
October 852.2318 806.1089 823.2261
November 885.7830 811.6247 835.3710
December 896.0346 864.0529 879.5530