YEARLY HIGH
68.0362 MGA
YEARLY LOW
56.7832 MGA
YEARLY AVERAGE
62.0156 MGA

2017 PHP to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PHP to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 68.0362. Conversely, the yearly low was recorded on August 16, dropping to 56.7832.

This high-to-low spread represents a total annual volatility of 11.2530 MGA. From a start-to-finish perspective, comparing the January average rate of 65.9736 to the December average rate of 64.1610, the exchange rate registered a net change of -2.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 68.0362 was down 4.15% compared to the 2016 peak of 70.9796, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 17,009,049 MGA
2016 Average 16,730,533 MGA
Yearly Trough Low 14,195,803 MGA
Transaction Impact: A difference of 2,813,245.80 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

66.7517
57.4148
JanuMarcMayJulySeptNove

PHP 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 63.7324, compared to 60.2988 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.4336 points.

H1 Avg (Jan–Jun) 63.7324
H2 Avg (Jul–Dec) 60.2988

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 5.2505 MGA (High: 65.1036 / Low: 59.8531). On the other end, October was the most stable month, with a tight range of 1.9881 MGA (High: 61.2952 / Low: 59.3071).

June Spread (Volatile) ±5.2505
October Spread (Stable) ±1.9881

Growth Streaks & Declines

Trends

Between 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 4.3975 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -4.3975

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 65.9736) against the same month in 2016 (average: 67.5768), the exchange rate shifted by -1.6032 (-2.37%).

2017 Avg (January) 65.9736
2016 Avg (January) 67.5768

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 68.0362 63.9555 65.9736
February 64.8757 60.9782 63.0523
March 65.6348 61.0038 63.4535
April 65.8374 63.3918 64.2611
May 64.1032 61.5390 62.8076
June 65.1036 59.8531 62.8461
July 60.8737 57.1821 58.4485
August 59.5143 56.7832 58.1929
September 59.8615 57.7117 58.6300
October 61.2952 59.3071 59.9221
November 64.1174 61.5194 62.4382
December 65.2702 63.0704 64.1610