YEARLY HIGH
1362.4568 MGA
YEARLY LOW
1180.8391 MGA
YEARLY AVERAGE
1271.2746 MGA

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.

Transfer Payout Power Comparison

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

Yearly Peak High 6,812,284 MGA
2017 Average 6,491,044 MGA
Yearly Trough Low 5,904,195 MGA
Transaction Impact: A difference of 908,088.71 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1338.2679
1193.1850
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 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.

H1 Avg (Jan–Jun) 1312.9221
H2 Avg (Jul–Dec) 1229.6271

Volatility Range Comparison

Volatility

The 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).

December Spread (Volatile) ±79.3449
August Spread (Stable) ±30.2559

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -62.9496

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2018 Avg (February) 1323.1249
2017 Avg (February) 1377.9228

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