2018 TND to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 TND to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the TND to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 1362.4568. Conversely, the yearly low was recorded on December 16, dropping to 1180.8391.
This high-to-low spread represents a total annual volatility of 181.6177 MGA. From a start-to-finish perspective, comparing the January average rate of 1326.1777 to the December average rate of 1207.3165, the exchange rate registered a net change of -8.96% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 1362.4568 was down 7.02% compared to the 2017 peak of 1465.2692, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1312.9221, compared to 1229.6271 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 83.2951 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was December, with a trading range of 79.3449 MGA (High: 1260.1840 / Low: 1180.8391). On the other end, August was the most stable month, with a tight range of 30.2559 MGA (High: 1222.4683 / Low: 1192.2124).
Growth Streaks & Declines
TrendsBetween August and November, 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 July and August, when the average rate fell by 62.9496 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2018: 1323.1249) against the same month in 2017 (average: 1377.9228), the exchange rate shifted by -54.7979 (-3.98%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1347.5586 | 1297.0757 | 1326.1777 |
| February | 1362.4568 | 1299.0468 | 1323.1249 |
| March | 1348.8657 | 1272.1303 | 1311.0841 |
| April | 1345.5366 | 1287.3847 | 1324.8616 |
| May | 1328.8339 | 1277.1324 | 1293.0252 |
| June | 1326.5647 | 1266.2870 | 1299.2592 |
| July | 1293.4411 | 1220.7053 | 1268.2249 |
| August | 1222.4683 | 1192.2124 | 1205.2753 |
| September | 1237.8348 | 1202.3110 | 1224.2221 |
| October | 1254.3754 | 1219.9419 | 1233.2871 |
| November | 1256.9294 | 1220.2701 | 1239.4366 |
| December | 1260.1840 | 1180.8391 | 1207.3165 |