YEARLY HIGH
1011.3795 MGA
YEARLY LOW
844.7570 MGA
YEARLY AVERAGE
917.8009 MGA

2018 QAR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the QAR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 1011.3795. Conversely, the yearly low was recorded on March 8, dropping to 844.7570.

This high-to-low spread represents a total annual volatility of 166.6225 MGA. From a start-to-finish perspective, comparing the January average rate of 890.8111 to the December average rate of 973.8899, the exchange rate registered a net change of 9.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1011.3795 was up 9.01% compared to the 2017 peak of 927.7577, 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 5,056,898 MGA
2017 Average 4,247,751 MGA
Yearly Trough Low 4,223,785 MGA
Transaction Impact: A difference of 833,112.54 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1000.7608
852.8467
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 888.0142, compared to 947.5875 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 59.5733 points.

H1 Avg (Jan–Jun) 888.0142
H2 Avg (Jul–Dec) 947.5875

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 57.4823 MGA (High: 1011.3795 / Low: 953.8973). On the other end, August was the most stable month, with a tight range of 14.8454 MGA (High: 916.3835 / Low: 901.5380).

December Spread (Volatile) ±57.4823
August Spread (Stable) ±14.8454

Growth Streaks & Declines

Trends

Between March and June, 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 January and February, when the average rate fell by 20.4545 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -20.4545

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 973.8899) against the same month in 2017 (average: 879.5530), the exchange rate shifted by +94.3368 (+10.73%).

2018 Avg (December) 973.8899
2017 Avg (December) 879.5530

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 899.4015 880.1364 890.8111
February 887.0004 858.0460 870.3566
March 882.8825 844.7570 865.1728
April 894.0029 878.8797 883.3108
May 913.9957 885.7459 895.0171
June 935.0114 909.6574 923.4168
July 930.7700 900.9341 918.2918
August 916.3835 901.5380 908.7277
September 944.6853 916.2798 934.2918
October 973.0814 943.8948 961.8895
November 1007.9450 968.1188 988.4346
December 1011.3795 953.8973 973.8899