2018 TOP to MGA Historical Review

YEARLY HIGH

1607.7860 MGA

YEARLY LOW

1386.0801 MGA

YEARLY AVERAGE

1470.2910 MGA

2018 TOP to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TOP to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 1607.7860. Conversely, the yearly low was recorded on March 8, dropping to 1386.0801.

This high-to-low spread represents a total annual volatility of 221.7059 MGA. From a start-to-finish perspective, comparing the January average rate of 1443.0944 to the December average rate of 1559.5216, the exchange rate registered a net change of 8.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1607.7860 was up 10.00% compared to the 2017 peak of 1461.6745, 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 8,038,930 MGA

2017 Average 6,891,270 MGA

Yearly Trough Low 6,930,400 MGA

Transaction Impact: A difference of 1,108,529.66 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1583.4355

1401.8497

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 1441.3413, compared to 1499.2407 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 57.8994 points.

H1 Avg (Jan–Jun) 1441.3413

H2 Avg (Jul–Dec) 1499.2407

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 78.2024 MGA (High: 1607.7860 / Low: 1529.5836). On the other end, August was the most stable month, with a tight range of 23.3934 MGA (High: 1444.0582 / Low: 1420.6648).

December Spread (Volatile) ±78.2024

August Spread (Stable) ±23.3934

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 June and July, when the average rate fell by 27.0689 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -27.0689

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 1559.5216) against the same month in 2017 (average: 1410.2215), the exchange rate shifted by +149.3001 (+10.59%).

2018 Avg (December) 1559.5216

2017 Avg (December) 1410.2215

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1458.1250	1426.0310	1443.0944
February	1467.3708	1409.1042	1431.2862
March	1447.9367	1386.0801	1416.9818
April	1471.2267	1423.3167	1446.3174
May	1469.8543	1414.0176	1438.9151
June	1499.0068	1437.5293	1471.4528
July	1468.6035	1416.4724	1444.3839
August	1444.0582	1420.6648	1431.6170
September	1488.6651	1444.0582	1472.4643
October	1536.4936	1487.4451	1519.1542
November	1600.2305	1530.3298	1568.3033
December	1607.7860	1529.5836	1559.5216