2016 BRL to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 BRL to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the BRL to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 1042.0900. Conversely, the yearly low was recorded on January 21, dropping to 774.4590.
This high-to-low spread represents a total annual volatility of 267.6310 MGA. From a start-to-finish perspective, comparing the January average rate of 794.3649 to the December average rate of 994.1536, the exchange rate registered a net change of 25.15% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 1042.0900 was down 4.46% compared to the 2015 peak of 1090.7788, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 BRL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
BRL 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 868.9689, compared to 962.5497 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 93.5809 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 101.5451 MGA (High: 1006.2053 / Low: 904.6601). On the other end, February was the most stable month, with a tight range of 34.6025 MGA (High: 819.3406 / Low: 784.7381).
Growth Streaks & Declines
TrendsBetween January and June, 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 October and November, when the average rate fell by 27.4164 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 994.1536) against the same month in 2015 (average: 827.0360), the exchange rate shifted by +167.1175 (+20.21%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 814.2510 | 774.4590 | 794.3649 |
| February | 819.3406 | 784.7381 | 802.5035 |
| March | 892.4282 | 814.1784 | 868.9143 |
| April | 924.8632 | 863.5205 | 896.5362 |
| May | 925.2263 | 885.0989 | 898.6173 |
| June | 1006.2053 | 904.6601 | 952.8771 |
| July | 996.7380 | 901.5070 | 940.0451 |
| August | 960.2642 | 905.4073 | 941.1379 |
| September | 955.0207 | 915.7768 | 937.2356 |
| October | 1032.0273 | 952.6835 | 995.0713 |
| November | 997.1137 | 937.5067 | 967.6549 |
| December | 1042.0900 | 942.0506 | 994.1536 |