2018 TWD to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 TWD to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the TWD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 119.4002. Conversely, the yearly low was recorded on March 8, dropping to 104.8518.
This high-to-low spread represents a total annual volatility of 14.5485 MGA. From a start-to-finish perspective, comparing the January average rate of 110.2010 to the December average rate of 115.4064, the exchange rate registered a net change of 4.72% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 119.4002 was up 8.61% compared to the 2017 peak of 109.9337, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
TWD to MGA Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 109.4824, compared to 112.2962 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.8138 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was March, with a trading range of 6.0600 MGA (High: 110.9118 / Low: 104.8518). On the other end, August was the most stable month, with a tight range of 1.6757 MGA (High: 108.8299 / Low: 107.1542).
Growth Streaks & Declines
TrendsBetween 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 2.2897 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 116.8870) against the same month in 2017 (average: 105.6132), the exchange rate shifted by +11.2737 (+10.67%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 111.2169 | 109.0058 | 110.2010 |
| February | 110.1637 | 106.4809 | 108.3406 |
| March | 110.9118 | 104.8518 | 107.9239 |
| April | 111.1598 | 107.9379 | 109.4759 |
| May | 111.2575 | 108.3524 | 109.1673 |
| June | 114.1251 | 108.7616 | 111.7856 |
| July | 111.1399 | 107.3075 | 109.4959 |
| August | 108.8299 | 107.1542 | 107.7967 |
| September | 112.7325 | 108.7285 | 110.8381 |
| October | 115.3351 | 112.0142 | 113.3529 |
| November | 119.4002 | 115.0601 | 116.8870 |
| December | 119.3812 | 113.8446 | 115.4064 |