YEARLY HIGH
398.4647 MGA
YEARLY LOW
338.2384 MGA
YEARLY AVERAGE
365.8171 MGA

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.

Transfer Payout Power Comparison

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

Yearly Peak High 1,992,324 MGA
2016 Average 1,857,779 MGA
Yearly Trough Low 1,691,192 MGA
Transaction Impact: A difference of 301,131.49 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

388.1634
350.6034
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 358.7882
H2 Avg (Jul–Dec) 372.8459

Volatility Range Comparison

Volatility

The 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).

March Spread (Volatile) ±34.8686
September Spread (Stable) ±9.7649

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 5 Mo.
Sharpest MoM Drop -13.0586

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2017 Avg (December) 385.0334
2016 Avg (December) 361.9668

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