2017 ZAR to MGA Historical Review

YEARLY HIGH

264.2043 MGA

YEARLY LOW

216.0004 MGA

YEARLY AVERAGE

234.9071 MGA

2017 ZAR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ZAR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 264.2043. Conversely, the yearly low was recorded on August 13, dropping to 216.0004.

This high-to-low spread represents a total annual volatility of 48.2039 MGA. From a start-to-finish perspective, comparing the January average rate of 241.6216 to the December average rate of 246.9365, the exchange rate registered a net change of 2.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 264.2043 was up 5.90% compared to the 2016 peak of 249.4811, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 13,210,216 MGA

2016 Average 10,837,523 MGA

Yearly Trough Low 10,800,019 MGA

Transaction Impact: A difference of 2,410,196.98 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

249.2365

221.6369

JanuMarcMayJulySeptNove

ZAR 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 240.8487, compared to 228.9655 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 11.8832 points.

H1 Avg (Jan–Jun) 240.8487

H2 Avg (Jul–Dec) 228.9655

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 31.8308 MGA (High: 264.2043 / Low: 232.3735). On the other end, September was the most stable month, with a tight range of 8.0602 MGA (High: 230.5437 / Low: 222.4835).

December Spread (Volatile) ±31.8308

September Spread (Stable) ±8.0602

Growth Streaks & Declines

Trends

Between October and December, 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 June and July, when the average rate fell by 17.5591 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -17.5591

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 246.9365) against the same month in 2016 (average: 240.5412), the exchange rate shifted by +6.3953 (+2.66%).

2017 Avg (December) 246.9365

2016 Avg (December) 240.5412

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	247.5436	235.5915	241.6216
February	245.8525	233.2666	239.2282
March	262.0525	233.5064	246.7676
April	251.7700	230.2821	238.4018
May	242.7759	229.2685	236.0969
June	254.8865	230.5640	242.9761
July	232.9932	217.2290	225.4170
August	229.3925	216.0004	223.9368
September	230.5437	222.4835	227.1384
October	230.9118	217.9448	224.7587
November	235.8214	218.7458	225.6055
December	264.2043	232.3735	246.9365