2016 BBD to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 BBD to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the BBD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 1691.6004. Conversely, the yearly low was recorded on July 29, dropping to 1467.3242.
This high-to-low spread represents a total annual volatility of 224.2763 MGA. From a start-to-finish perspective, comparing the January average rate of 1605.4564 to the December average rate of 1665.0372, the exchange rate registered a net change of 3.71% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 1691.6004 was down 0.77% compared to the 2015 peak of 1704.6717, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BBD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
BBD 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 1602.4404, compared to 1574.7782 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 27.6622 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was July, with a trading range of 143.6492 MGA (High: 1610.9733 / Low: 1467.3242). On the other end, January was the most stable month, with a tight range of 14.5367 MGA (High: 1612.5383 / Low: 1598.0017).
Growth Streaks & Declines
TrendsBetween 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 92.7789 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 1665.0372) against the same month in 2015 (average: 1603.8491), the exchange rate shifted by +61.1880 (+3.82%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1612.5383 | 1598.0017 | 1605.4564 |
| February | 1609.0667 | 1574.5000 | 1592.8252 |
| March | 1623.3833 | 1590.4725 | 1602.9924 |
| April | 1599.1500 | 1583.5283 | 1591.8593 |
| May | 1628.1533 | 1568.1617 | 1589.7064 |
| June | 1643.3517 | 1620.3375 | 1631.8026 |
| July | 1610.9733 | 1467.3242 | 1539.0237 |
| August | 1527.8050 | 1476.0583 | 1509.7252 |
| September | 1552.8283 | 1515.5167 | 1524.8068 |
| October | 1609.8750 | 1552.8850 | 1588.8781 |
| November | 1663.9742 | 1574.6500 | 1621.1981 |
| December | 1691.6004 | 1649.4951 | 1665.0372 |