YEARLY HIGH
2571.4448 MGA
YEARLY LOW
2204.1259 MGA
YEARLY AVERAGE
2399.1980 MGA

2016 CAD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CAD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on June 23, valuing the pair at 2571.4448. Conversely, the yearly low was recorded on January 19, dropping to 2204.1259.

This high-to-low spread represents a total annual volatility of 367.3189 MGA. From a start-to-finish perspective, comparing the January average rate of 2263.8102 to the December average rate of 2497.5762, the exchange rate registered a net change of 10.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2571.4448 was down 1.65% compared to the 2015 peak of 2614.5847, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,857,224 MGA
2015 Average 12,131,241 MGA
Yearly Trough Low 11,020,630 MGA
Transaction Impact: A difference of 1,836,594.35 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2558.1530
2237.0518
JanuMarcMayJulySeptNove

CAD 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 2411.5660, compared to 2386.8300 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 24.7360 points.

H1 Avg (Jan–Jun) 2411.5660
H2 Avg (Jul–Dec) 2386.8300

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 251.6267 MGA (High: 2495.8439 / Low: 2244.2172). On the other end, September was the most stable month, with a tight range of 64.3107 MGA (High: 2367.4303 / Low: 2303.1196).

July Spread (Volatile) ±251.6267
September Spread (Stable) ±64.3107

Growth Streaks & Declines

Trends

Between 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 168.7508 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -168.7508

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 2531.3945) against the same month in 2015 (average: 2574.4552), the exchange rate shifted by -43.0607 (-1.67%).

2016 Avg (June) 2531.3945
2015 Avg (June) 2574.4552

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2329.9553 2204.1259 2263.8102
February 2379.5932 2272.8021 2310.4680
March 2470.1659 2385.2926 2425.6292
April 2537.6458 2420.8429 2481.5714
May 2531.8642 2431.4574 2456.5229
June 2571.4448 2491.0998 2531.3945
July 2495.8439 2244.2172 2362.6437
August 2374.8840 2252.1179 2323.1075
September 2367.4303 2303.1196 2329.4425
October 2446.0866 2359.9524 2398.5420
November 2478.7119 2353.6613 2409.6683
December 2526.1141 2458.7010 2497.5762