YEARLY HIGH
956.8142 MGA
YEARLY LOW
803.4317 MGA
YEARLY AVERAGE
857.0333 MGA

2017 TRY to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TRY to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 956.8142. Conversely, the yearly low was recorded on November 21, dropping to 803.4317.

This high-to-low spread represents a total annual volatility of 153.3826 MGA. From a start-to-finish perspective, comparing the January average rate of 877.8630 to the December average rate of 840.5834, the exchange rate registered a net change of -4.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 956.8142 was down 16.74% compared to the 2016 peak of 1149.1323, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 47,840,712 MGA
2016 Average 52,668,904 MGA
Yearly Trough Low 40,171,583 MGA
Transaction Impact: A difference of 7,669,128.78 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

897.6195
809.2570
JanuMarcMayJulySeptNove

TRY 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 875.2982, compared to 838.7683 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 36.5299 points.

H1 Avg (Jan–Jun) 875.2982
H2 Avg (Jul–Dec) 838.7683

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 131.7740 MGA (High: 956.8142 / Low: 825.0403). On the other end, September was the most stable month, with a tight range of 27.2621 MGA (High: 871.7127 / Low: 844.4506).

January Spread (Volatile) ±131.7740
September Spread (Stable) ±27.2621

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 58.2603 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -58.2603

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 877.8630) against the same month in 2016 (average: 1070.0287), the exchange rate shifted by -192.1657 (-17.96%).

2017 Avg (January) 877.8630
2016 Avg (January) 1070.0287

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 956.8142 825.0403 877.8630
February 875.6897 841.0833 860.7846
March 908.8203 824.1242 868.1341
April 916.8198 858.4320 877.4389
May 905.5193 848.6238 877.3126
June 922.8929 857.4971 890.2560
July 865.5840 805.0217 831.9956
August 864.7943 821.8664 845.5570
September 871.7127 844.4506 861.1451
October 857.0513 812.6270 836.7082
November 834.9480 803.4317 816.6205
December 859.1233 814.5623 840.5834