YEARLY HIGH
1465.2692 MGA
YEARLY LOW
1174.3597 MGA
YEARLY AVERAGE
1298.6823 MGA

2017 TND to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TND to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1465.2692. Conversely, the yearly low was recorded on July 19, dropping to 1174.3597.

This high-to-low spread represents a total annual volatility of 290.9094 MGA. From a start-to-finish perspective, comparing the January average rate of 1424.2769 to the December average rate of 1296.6748, the exchange rate registered a net change of -8.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1465.2692 was down 8.45% compared to the 2016 peak of 1600.5830, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,326,346 MGA
2016 Average 7,420,451 MGA
Yearly Trough Low 5,871,799 MGA
Transaction Impact: A difference of 1,454,547.21 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1445.5770
1189.9760
JanuMarcMayJulySeptNove

TND 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 1353.6395, compared to 1243.7252 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 109.9143 points.

H1 Avg (Jan–Jun) 1353.6395
H2 Avg (Jul–Dec) 1243.7252

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 150.9269 MGA (High: 1423.7989 / Low: 1272.8720). On the other end, September was the most stable month, with a tight range of 26.3562 MGA (High: 1230.2584 / Low: 1203.9022).

April Spread (Volatile) ±150.9269
September Spread (Stable) ±26.3562

Growth Streaks & Declines

Trends

Between September and December, 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 April and May, when the average rate fell by 70.6194 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -70.6194

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 1424.2769) against the same month in 2016 (average: 1571.8179), the exchange rate shifted by -147.5410 (-9.39%).

2017 Avg (January) 1424.2769
2016 Avg (January) 1571.8179

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1465.2692 1380.4656 1424.2769
February 1397.5387 1326.9547 1377.9228
March 1443.7904 1325.9198 1394.0485
April 1423.7989 1272.8720 1359.2985
May 1336.9303 1257.4420 1288.6791
June 1318.6549 1224.3487 1277.6111
July 1261.6449 1174.3597 1211.2761
August 1246.8029 1189.3001 1222.5103
September 1230.2584 1203.9022 1220.1431
October 1262.8309 1217.0426 1238.9581
November 1299.7514 1250.0145 1272.7885
December 1327.2929 1260.3782 1296.6748