YEARLY HIGH
2449.6442 MGA
YEARLY LOW
2177.9598 MGA
YEARLY AVERAGE
2301.8213 MGA

2016 BND to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BND to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on June 23, valuing the pair at 2449.6442. Conversely, the yearly low was recorded on July 29, dropping to 2177.9598.

This high-to-low spread represents a total annual volatility of 271.6844 MGA. From a start-to-finish perspective, comparing the January average rate of 2243.2969 to the December average rate of 2321.6648, the exchange rate registered a net change of 3.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2449.6442 was down 1.25% compared to the 2015 peak of 2480.6951, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,248,221 MGA
2015 Average 11,282,749 MGA
Yearly Trough Low 10,889,799 MGA
Transaction Impact: A difference of 1,358,422.15 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2425.7122
2223.9447
JanuMarcMayJulySeptNove

BND 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 2323.1201, compared to 2280.5224 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 42.5977 points.

H1 Avg (Jan–Jun) 2323.1201
H2 Avg (Jul–Dec) 2280.5224

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 218.9701 MGA (High: 2396.9298 / Low: 2177.9598). On the other end, April was the most stable month, with a tight range of 32.9297 MGA (High: 2372.5125 / Low: 2339.5828).

July Spread (Volatile) ±218.9701
April Spread (Stable) ±32.9297

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 128.6165 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -128.6165

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 2408.8982) against the same month in 2015 (average: 2364.4396), the exchange rate shifted by +44.4586 (+1.88%).

2016 Avg (June) 2408.8982
2015 Avg (June) 2364.4396

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2274.9933 2223.1611 2243.2969
February 2285.5746 2245.1562 2268.5472
March 2378.3223 2289.2028 2337.7954
April 2372.5125 2339.5828 2358.4278
May 2369.5825 2296.8587 2321.7552
June 2449.6442 2366.2517 2408.8982
July 2396.9298 2177.9598 2280.2817
August 2268.6648 2197.7418 2240.7587
September 2278.8207 2226.6323 2243.8542
October 2312.8609 2272.7967 2298.3510
November 2330.1207 2261.2570 2298.2241
December 2348.3035 2286.0107 2321.6648