YEARLY HIGH
51.2738 MGA
YEARLY LOW
42.6550 MGA
YEARLY AVERAGE
46.8915 MGA

2016 AFN to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the AFN to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 51.2738. Conversely, the yearly low was recorded on July 29, dropping to 42.6550.

This high-to-low spread represents a total annual volatility of 8.6188 MGA. From a start-to-finish perspective, comparing the January average rate of 46.8147 to the December average rate of 50.1865, the exchange rate registered a net change of 7.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 51.2738 was down 7.84% compared to the 2015 peak of 55.6355, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 256,369 MGA
2015 Average 253,509 MGA
Yearly Trough Low 213,275 MGA
Transaction Impact: A difference of 43,093.97 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

50.7238
44.2761
JanuMarcMayJulySeptNove

AFN 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 46.6592, compared to 47.1238 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4646 points.

H1 Avg (Jan–Jun) 46.6592
H2 Avg (Jul–Dec) 47.1238

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 4.3979 MGA (High: 47.0529 / Low: 42.6550). On the other end, April was the most stable month, with a tight range of 0.4166 MGA (High: 46.6983 / Low: 46.2817).

July Spread (Volatile) ±4.3979
April Spread (Stable) ±0.4166

Growth Streaks & Declines

Trends

Between July and December, 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 June and July, when the average rate fell by 2.4116 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -2.4116

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 50.1865) against the same month in 2015 (average: 47.5167), the exchange rate shifted by +2.6698 (+5.62%).

2016 Avg (December) 50.1865
2015 Avg (December) 47.5167

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 47.1789 46.5372 46.8147
February 46.9075 45.4664 46.2623
March 47.4549 46.4915 46.8160
April 46.6983 46.2817 46.5139
May 47.2888 45.8393 46.3231
June 47.6955 46.7765 47.2249
July 47.0529 42.6550 44.8134
August 45.7102 43.0626 44.8780
September 47.3364 44.7512 45.7425
October 48.7979 47.1816 48.2459
November 49.9440 47.7526 48.8763
December 51.2738 49.5359 50.1865