2017 SCR to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 SCR to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the SCR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 256.3194. Conversely, the yearly low was recorded on July 17, dropping to 211.7924.
This high-to-low spread represents a total annual volatility of 44.5270 MGA. From a start-to-finish perspective, comparing the January average rate of 245.3644 to the December average rate of 231.6522, the exchange rate registered a net change of -5.59% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 256.3194 was down 1.06% compared to the 2016 peak of 259.0609, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SCR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
SCR 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 236.2674, compared to 223.7768 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 12.4906 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was March, with a trading range of 21.0372 MGA (High: 248.0884 / Low: 227.0512). On the other end, August was the most stable month, with a tight range of 6.8823 MGA (High: 221.4521 / Low: 214.5698).
Growth Streaks & Declines
TrendsBetween August and December, 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 14.0402 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 245.3644) against the same month in 2016 (average: 245.5544), the exchange rate shifted by -0.1900 (-0.08%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 256.3194 | 235.9697 | 245.3644 |
| February | 242.4490 | 228.1582 | 234.3735 |
| March | 248.0884 | 227.0512 | 236.6787 |
| April | 245.8763 | 231.8826 | 237.5326 |
| May | 236.4583 | 223.6866 | 231.0729 |
| June | 241.2626 | 222.4037 | 232.5822 |
| July | 227.3672 | 211.7924 | 218.5420 |
| August | 221.4521 | 214.5698 | 218.4075 |
| September | 223.1508 | 215.5853 | 219.2899 |
| October | 228.9521 | 220.0835 | 224.7273 |
| November | 241.6676 | 224.6623 | 230.0422 |
| December | 240.8560 | 226.6041 | 231.6522 |