YEARLY HIGH
338.4841 MGA
YEARLY LOW
285.1130 MGA
YEARLY AVERAGE
309.3465 MGA

2017 VEF to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the VEF to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 338.4841. Conversely, the yearly low was recorded on August 16, dropping to 285.1130.

This high-to-low spread represents a total annual volatility of 53.3711 MGA. From a start-to-finish perspective, comparing the January average rate of 328.5908 to the December average rate of 313.4154, the exchange rate registered a net change of -4.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 338.4841 was down 34.03% compared to the 2016 peak of 513.1200, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 VEF based on timing:

Yearly Peak High 1,692,421 MGA
2016 Average 1,823,037 MGA
Yearly Trough Low 1,425,565 MGA
Transaction Impact: A difference of 266,855.46 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

332.2303
288.5562
JanuMarcMayJulySeptNove

VEF 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 317.4254, compared to 301.2676 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 16.1577 points.

H1 Avg (Jan–Jun) 317.4254
H2 Avg (Jul–Dec) 301.2676

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 31.7869 MGA (High: 320.6783 / Low: 288.8914). On the other end, September was the most stable month, with a tight range of 10.3810 MGA (High: 301.0679 / Low: 290.6869).

November Spread (Volatile) ±31.7869
September Spread (Stable) ±10.3810

Growth Streaks & Declines

Trends

Between August and December, 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 June and July, when the average rate fell by 19.1728 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -19.1728

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 328.5908) against the same month in 2016 (average: 508.0632), the exchange rate shifted by -179.4724 (-35.32%).

2017 Avg (January) 328.5908
2016 Avg (January) 508.0632

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 338.4841 318.7420 328.5908
February 323.0064 306.9598 315.5702
March 329.8891 307.3980 319.0559
April 325.1367 311.6002 318.4097
May 319.9790 301.6226 310.7123
June 322.5362 298.2108 312.2133
July 304.9006 286.1447 293.0404
August 297.4707 285.1130 292.1957
September 301.0679 290.6869 296.8255
October 316.8367 295.5345 304.5999
November 320.6783 288.8914 307.5289
December 326.7202 297.1109 313.4154