2017 SEK to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 SEK to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the SEK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 398.4647. Conversely, the yearly low was recorded on March 2, dropping to 338.2384.
This high-to-low spread represents a total annual volatility of 60.2263 MGA. From a start-to-finish perspective, comparing the January average rate of 366.7921 to the December average rate of 385.0334, the exchange rate registered a net change of 4.97% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 398.4647 was down 0.98% compared to the 2016 peak of 402.4027, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SEK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
SEK 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 358.7882, compared to 372.8459 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 14.0577 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was March, with a trading range of 34.8686 MGA (High: 373.1070 / Low: 338.2384). On the other end, September was the most stable month, with a tight range of 9.7649 MGA (High: 378.8420 / Low: 369.0772).
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 January and February, when the average rate fell by 13.0586 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 385.0334) against the same month in 2016 (average: 361.9668), the exchange rate shifted by +23.0666 (+6.37%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 372.7633 | 361.0636 | 366.7921 |
| February | 368.9615 | 338.8060 | 353.7334 |
| March | 373.1070 | 338.2384 | 357.5749 |
| April | 370.0957 | 352.5429 | 357.1639 |
| May | 363.3052 | 349.5768 | 356.5691 |
| June | 370.4201 | 354.2623 | 360.8957 |
| July | 365.5328 | 345.5118 | 355.9473 |
| August | 375.5767 | 357.6038 | 366.9143 |
| September | 378.8420 | 369.0772 | 373.4551 |
| October | 380.8254 | 370.8497 | 376.3948 |
| November | 385.6814 | 374.4127 | 379.3305 |
| December | 398.4647 | 373.5326 | 385.0334 |