2018 ZAR to MGA Historical Review

YEARLY HIGH

274.9785 MGA

YEARLY LOW

219.5930 MGA

YEARLY AVERAGE

253.3692 MGA

2018 ZAR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 274.9785. Conversely, the yearly low was recorded on September 5, dropping to 219.5930.

This high-to-low spread represents a total annual volatility of 55.3856 MGA. From a start-to-finish perspective, comparing the January average rate of 266.0471 to the December average rate of 248.6453, the exchange rate registered a net change of -6.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 274.9785 was up 4.08% compared to the 2017 peak of 264.2043, 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 13,748,927 MGA

2017 Average 11,744,333 MGA

Yearly Trough Low 10,979,648 MGA

Transaction Impact: A difference of 2,769,279.81 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

271.8386

227.3474

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 263.1775, compared to 243.5608 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 19.6166 points.

H1 Avg (Jan–Jun) 263.1775

H2 Avg (Jul–Dec) 243.5608

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 27.7242 MGA (High: 268.1551 / Low: 240.4310). On the other end, February was the most stable month, with a tight range of 10.2961 MGA (High: 272.2240 / Low: 261.9279).

December Spread (Volatile) ±27.7242

February Spread (Stable) ±10.2961

Growth Streaks & Declines

Trends

Between September and November, 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 July and August, when the average rate fell by 14.1696 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -14.1696

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 266.0239) against the same month in 2017 (average: 246.7676), the exchange rate shifted by +19.2563 (+7.80%).

2018 Avg (March) 266.0239

2017 Avg (March) 246.7676

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	271.4974	260.8639	266.0471
February	272.2240	261.9279	268.1310
March	274.9785	258.2832	266.0239
April	272.1383	257.5048	265.7883
May	265.6519	254.1089	260.0297
June	267.8998	241.4577	253.0448
July	256.3450	242.6788	249.7852
August	248.4968	226.5093	235.6156
September	243.2662	219.5930	231.0550
October	249.8561	233.7491	240.8150
November	266.2711	244.5160	255.4490
December	268.1551	240.4310	248.6453