2015 BOB to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 BOB to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the BOB to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 491.8637. Conversely, the yearly low was recorded on January 2, dropping to 371.7439.
This high-to-low spread represents a total annual volatility of 120.1198 MGA. From a start-to-finish perspective, comparing the January average rate of 385.4200 to the December average rate of 464.7128, the exchange rate registered a net change of 20.57% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2015 high of 491.8637 was up 24.25% compared to the 2014 peak of 395.8800, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BOB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2015.
BOB 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 430.0019, compared to 468.0806 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 38.0787 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was January, with a trading range of 35.1902 MGA (High: 406.9341 / Low: 371.7439). On the other end, November was the most stable month, with a tight range of 6.6751 MGA (High: 477.5787 / Low: 470.9036).
Growth Streaks & Declines
TrendsBetween 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 21.1007 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2015: 480.4030) against the same month in 2014 (average: 364.9366), the exchange rate shifted by +115.4665 (+31.64%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 406.9341 | 371.7439 | 385.4200 |
| February | 415.3102 | 400.5406 | 408.7391 |
| March | 443.2649 | 413.2241 | 429.8666 |
| April | 450.2286 | 437.9086 | 445.1583 |
| May | 462.8024 | 436.1159 | 449.9571 |
| June | 468.4430 | 434.1480 | 460.8701 |
| July | 489.0985 | 461.2292 | 475.9300 |
| August | 491.8637 | 477.1090 | 480.4030 |
| September | 476.3395 | 445.8118 | 459.3023 |
| October | 471.8279 | 437.0568 | 453.8568 |
| November | 477.5787 | 470.9036 | 474.2784 |
| December | 472.8710 | 460.8065 | 464.7128 |