YEARLY HIGH
1.1320 MGA
YEARLY LOW
0.9303 MGA
YEARLY AVERAGE
1.0427 MGA

2016 COP to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the COP to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 1.1320. Conversely, the yearly low was recorded on February 11, dropping to 0.9303.

This high-to-low spread represents a total annual volatility of 0.2017 MGA. From a start-to-finish perspective, comparing the January average rate of 0.9792 to the December average rate of 1.1075, the exchange rate registered a net change of 13.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.1320 was down 13.89% compared to the 2015 peak of 1.3146, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,659,869 MGA
2015 Average 5,688,449 MGA
Yearly Trough Low 4,651,406 MGA
Transaction Impact: A difference of 1,008,462.49 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.1233
0.9337
JanuMarcMayJulySeptNove

COP 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 1.0288, compared to 1.0566 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0278 points.

H1 Avg (Jan–Jun) 1.0288
H2 Avg (Jul–Dec) 1.0566

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 0.1451 MGA (High: 1.0996 / Low: 0.9544). On the other end, February was the most stable month, with a tight range of 0.0387 MGA (High: 0.9690 / Low: 0.9303).

July Spread (Volatile) ±0.1451
February Spread (Stable) ±0.0387

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0547 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0547

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 1.1075) against the same month in 2015 (average: 0.9886), the exchange rate shifted by +0.1189 (+12.03%).

2016 Avg (December) 1.1075
2015 Avg (December) 0.9886

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0144 0.9528 0.9792
February 0.9690 0.9303 0.9495
March 1.0680 0.9842 1.0263
April 1.1114 1.0269 1.0629
May 1.1142 1.0476 1.0616
June 1.1209 1.0523 1.0934
July 1.0996 0.9544 1.0387
August 1.0624 0.9577 1.0226
September 1.0781 1.0207 1.0443
October 1.1020 1.0561 1.0843
November 1.0720 1.0287 1.0422
December 1.1320 1.0739 1.1075