YEARLY HIGH
499.1692 MGA
YEARLY LOW
441.8554 MGA
YEARLY AVERAGE
478.5289 MGA

2016 CNY to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CNY to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on June 23, valuing the pair at 499.1692. Conversely, the yearly low was recorded on July 29, dropping to 441.8554.

This high-to-low spread represents a total annual volatility of 57.3138 MGA. From a start-to-finish perspective, comparing the January average rate of 489.1228 to the December average rate of 481.5346, the exchange rate registered a net change of -1.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 499.1692 was down 9.08% compared to the 2015 peak of 549.0386, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 12,479,231 MGA
2015 Average 12,362,498 MGA
Yearly Trough Low 11,046,386 MGA
Transaction Impact: A difference of 1,432,844.95 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

499.6048
449.9425
JanuMarcMayJulySeptNove

CNY 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 490.4047, compared to 466.6532 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 23.7516 points.

H1 Avg (Jan–Jun) 490.4047
H2 Avg (Jul–Dec) 466.6532

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 42.1952 MGA (High: 484.0507 / Low: 441.8554). On the other end, April was the most stable month, with a tight range of 4.1882 MGA (High: 493.6130 / Low: 489.4247).

July Spread (Volatile) ±42.1952
April Spread (Stable) ±4.1882

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 34.3878 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -34.3878

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 495.4663) against the same month in 2015 (average: 514.0670), the exchange rate shifted by -18.6008 (-3.62%).

2016 Avg (June) 495.4663
2015 Avg (June) 514.0670

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 495.9521 485.4780 489.1228
February 492.1295 481.3618 486.4871
March 498.7468 488.9947 492.9612
April 493.6130 489.4247 491.4697
May 494.6315 482.3838 486.9214
June 499.1692 488.2472 495.4663
July 484.0507 441.8554 461.0785
August 458.4873 444.3568 454.0810
September 465.6840 453.9097 456.9988
October 476.5679 465.6422 472.3970
November 483.0500 464.9992 473.8290
December 487.5138 475.2237 481.5346