YEARLY HIGH
688.3566 MGA
YEARLY LOW
416.4277 MGA
YEARLY AVERAGE
640.1839 MGA

2019 TRY to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TRY to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 688.3566. Conversely, the yearly low was recorded on December 16, dropping to 416.4277.

This high-to-low spread represents a total annual volatility of 271.9289 MGA. From a start-to-finish perspective, comparing the January average rate of 664.1870 to the December average rate of 615.6052, the exchange rate registered a net change of -7.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 688.3566 was down 21.06% compared to the 2018 peak of 872.0482, 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 34,417,830 MGA
2018 Average 35,406,605 MGA
Yearly Trough Low 20,821,386 MGA
Transaction Impact: A difference of 13,596,444.03 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

677.2398
596.8381
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 639.5882, compared to 640.7796 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1914 points.

H1 Avg (Jan–Jun) 639.5882
H2 Avg (Jul–Dec) 640.7796

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 221.6262 MGA (High: 638.0539 / Low: 416.4277). On the other end, June was the most stable month, with a tight range of 21.5565 MGA (High: 640.3790 / Low: 618.8225).

December Spread (Volatile) ±221.6262
June Spread (Stable) ±21.5565

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 27.3022 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -27.3022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 670.5397) against the same month in 2018 (average: 837.2165), the exchange rate shifted by -166.6769 (-19.91%).

2019 Avg (February) 670.5397
2018 Avg (February) 837.2165

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 687.7949 631.8993 664.1870
February 688.3566 657.6546 670.5397
March 660.8011 615.1297 646.0793
April 651.2846 608.3648 625.8611
May 624.9948 588.5368 603.5382
June 640.3790 618.8225 627.3241
July 659.2374 628.5492 641.3964
August 670.4675 629.1340 653.1085
September 663.7382 636.6320 655.2753
October 655.3944 620.1468 636.3849
November 651.6383 627.8604 642.9074
December 638.0539 416.4277 615.6052