YEARLY HIGH
872.0482 MGA
YEARLY LOW
479.5705 MGA
YEARLY AVERAGE
708.8946 MGA

2018 TRY to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TRY to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 872.0482. Conversely, the yearly low was recorded on August 13, dropping to 479.5705.

This high-to-low spread represents a total annual volatility of 392.4777 MGA. From a start-to-finish perspective, comparing the January average rate of 859.8561 to the December average rate of 668.7859, the exchange rate registered a net change of -22.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 872.0482 was down 8.86% compared to the 2017 peak of 956.8142, 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 43,602,408 MGA
2017 Average 42,847,748 MGA
Yearly Trough Low 23,978,524 MGA
Transaction Impact: A difference of 19,623,884.65 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

891.9055
507.3121
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 793.5581, compared to 624.2311 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 169.3270 points.

H1 Avg (Jan–Jun) 793.5581
H2 Avg (Jul–Dec) 624.2311

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 179.7543 MGA (High: 659.3247 / Low: 479.5705). On the other end, January was the most stable month, with a tight range of 23.1486 MGA (High: 872.0482 / Low: 848.8996).

August Spread (Volatile) ±179.7543
January Spread (Stable) ±23.1486

Growth Streaks & Declines

Trends

Between September and November, 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 July and August, when the average rate fell by 139.4399 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -139.4399

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 859.8561) against the same month in 2017 (average: 877.8630), the exchange rate shifted by -18.0070 (-2.05%).

2018 Avg (January) 859.8561
2017 Avg (January) 877.8630

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 872.0482 848.8996 859.8561
February 861.4491 821.7089 837.2165
March 836.4203 796.7001 809.3213
April 814.6533 774.2351 791.7594
May 790.3941 688.0518 736.7809
June 756.5491 704.2808 726.4146
July 737.0859 667.9919 701.0984
August 659.3247 479.5705 561.6585
September 568.0608 505.8673 539.3615
October 644.8850 560.9554 603.0857
November 703.0655 638.0379 671.3967
December 708.4971 655.8150 668.7859