YEARLY HIGH
1461.6745 MGA
YEARLY LOW
1295.2651 MGA
YEARLY AVERAGE
1378.4116 MGA

2017 TOP to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TOP to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1461.6745. Conversely, the yearly low was recorded on July 15, dropping to 1295.2651.

This high-to-low spread represents a total annual volatility of 166.4094 MGA. From a start-to-finish perspective, comparing the January average rate of 1425.8180 to the December average rate of 1410.2215, the exchange rate registered a net change of -1.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1461.6745 was down 1.66% compared to the 2016 peak of 1486.4039, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,308,372 MGA
2016 Average 7,056,079 MGA
Yearly Trough Low 6,476,326 MGA
Transaction Impact: A difference of 832,046.91 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1436.1211
1312.4843
JanuMarcMayJulySeptNove

TOP 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 1389.3829, compared to 1367.4403 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 21.9427 points.

H1 Avg (Jan–Jun) 1389.3829
H2 Avg (Jul–Dec) 1367.4403

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 83.3546 MGA (High: 1432.0662 / Low: 1348.7116). On the other end, November was the most stable month, with a tight range of 23.1438 MGA (High: 1408.4846 / Low: 1385.3408).

March Spread (Volatile) ±83.3546
November Spread (Stable) ±23.1438

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 June and July, when the average rate fell by 54.1802 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -54.1802

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 1425.8180) against the same month in 2016 (average: 1423.5874), the exchange rate shifted by +2.2306 (+0.16%).

2017 Avg (January) 1425.8180
2016 Avg (January) 1423.5874

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1461.6745 1390.0010 1425.8180
February 1410.0806 1363.5888 1394.9371
March 1432.0662 1348.7116 1393.5566
April 1425.7171 1376.3093 1393.9828
May 1381.1724 1317.8649 1351.0355
June 1412.9229 1340.0787 1376.9675
July 1369.7390 1295.2651 1322.7873
August 1367.3222 1306.5587 1345.4864
September 1370.1005 1326.4359 1350.7502
October 1401.8285 1358.2639 1375.4945
November 1408.4846 1385.3408 1399.9016
December 1440.5187 1379.2428 1410.2215