2015 BIF to MGA Historical Review

YEARLY HIGH

2.1967 MGA

YEARLY LOW

1.6495 MGA

YEARLY AVERAGE

1.9798 MGA

2015 BIF to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the BIF to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 2.1967. Conversely, the yearly low was recorded on January 25, dropping to 1.6495.

This high-to-low spread represents a total annual volatility of 0.5472 MGA. From a start-to-finish perspective, comparing the January average rate of 1.7001 to the December average rate of 2.0631, the exchange rate registered a net change of 21.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 2.1967 was up 25.12% compared to the 2014 peak of 1.7557, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,984 MGA

2014 Average 7,963 MGA

Yearly Trough Low 8,248 MGA

Transaction Impact: A difference of 2,736.01 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

2.1737

1.6570

JanuMarcMayJulySeptNove

BIF 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 1.8948, compared to 2.0648 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1699 points.

H1 Avg (Jan–Jun) 1.8948

H2 Avg (Jul–Dec) 2.0648

Volatility Range Comparison

Volatility

The most volatile month in 2015 was July, with a trading range of 0.2184 MGA (High: 2.1772 / Low: 1.9588). On the other end, November was the most stable month, with a tight range of 0.0475 MGA (High: 2.1258 / Low: 2.0783).

July Spread (Volatile) ±0.2184

November Spread (Stable) ±0.0475

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0918 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0918

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2015: 2.1307) against the same month in 2014 (average: 1.6274), the exchange rate shifted by +0.5032 (+30.92%).

2015 Avg (August) 2.1307

2014 Avg (August) 1.6274

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8001	1.6495	1.7001
February	1.8368	1.7587	1.8006
March	1.9424	1.8237	1.8925
April	1.9922	1.9345	1.9627
May	2.0507	1.9264	1.9817
June	2.0716	1.9212	2.0316
July	2.1772	1.9588	2.0403
August	2.1967	2.1072	2.1307
September	2.1241	1.9822	2.0388
October	2.0963	1.9364	2.0124
November	2.1258	2.0783	2.1035
December	2.1026	2.0423	2.0631