2018 UAH to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 UAH to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the UAH to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 131.4262. Conversely, the yearly low was recorded on January 28, dropping to 110.7690.
This high-to-low spread represents a total annual volatility of 20.6573 MGA. From a start-to-finish perspective, comparing the January average rate of 113.8648 to the December average rate of 127.9963, the exchange rate registered a net change of 12.41% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 131.4262 was up 3.76% compared to the 2017 peak of 126.6693, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 UAH based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
UAH 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 120.9866, compared to 124.8549 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.8682 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was July, with a trading range of 6.9376 MGA (High: 129.3127 / Low: 122.3751). On the other end, April was the most stable month, with a tight range of 3.9329 MGA (High: 124.8345 / Low: 120.9016).
Growth Streaks & Declines
TrendsBetween January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 6.5535 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 128.8510) against the same month in 2017 (average: 119.1270), the exchange rate shifted by +9.7240 (+8.16%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 116.5794 | 110.7690 | 113.8648 |
| February | 118.9136 | 114.5283 | 116.7353 |
| March | 122.4232 | 116.3261 | 119.7800 |
| April | 124.8345 | 120.9016 | 122.9308 |
| May | 127.4430 | 122.6505 | 124.4583 |
| June | 130.5915 | 125.6948 | 128.1506 |
| July | 129.3127 | 122.3751 | 126.7622 |
| August | 122.1095 | 117.8845 | 120.2087 |
| September | 122.1598 | 118.0662 | 120.6636 |
| October | 126.8642 | 121.7850 | 124.6474 |
| November | 131.4262 | 125.1287 | 128.8510 |
| December | 130.0543 | 125.9266 | 127.9963 |