YEARLY HIGH
33.7435 MGA
YEARLY LOW
29.6071 MGA
YEARLY AVERAGE
31.8903 MGA

2016 CVE to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CVE to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 33.7435. Conversely, the yearly low was recorded on July 29, dropping to 29.6071.

This high-to-low spread represents a total annual volatility of 4.1364 MGA. From a start-to-finish perspective, comparing the January average rate of 31.6409 to the December average rate of 31.8716, the exchange rate registered a net change of 0.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 33.7435 was down 2.52% compared to the 2015 peak of 34.6149, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 168,718 MGA
2015 Average 156,144 MGA
Yearly Trough Low 148,036 MGA
Transaction Impact: A difference of 20,681.99 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

33.5011
30.4416
JanuMarcMayJulySeptNove

CVE 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 32.4417, compared to 31.3389 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1027 points.

H1 Avg (Jan–Jun) 32.4417
H2 Avg (Jul–Dec) 31.3389

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 2.9218 MGA (High: 32.5290 / Low: 29.6071). On the other end, October was the most stable month, with a tight range of 0.3918 MGA (High: 31.9868 / Low: 31.5950).

July Spread (Volatile) ±2.9218
October Spread (Stable) ±0.3918

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 2.3320 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.3320

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 33.2461) against the same month in 2015 (average: 32.3467), the exchange rate shifted by +0.8994 (+2.78%).

2016 Avg (June) 33.2461
2015 Avg (June) 32.3467

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 31.8494 31.3228 31.6409
February 32.6069 31.5062 32.0541
March 32.9659 31.5743 32.3209
April 33.0381 32.4825 32.7243
May 32.9793 32.4771 32.6637
June 33.7435 32.5459 33.2461
July 32.5290 29.6071 30.9141
August 31.2006 29.8488 30.6965
September 31.6088 30.6868 31.0043
October 31.9868 31.5950 31.8069
November 32.1833 31.4196 31.7400
December 32.8416 30.9832 31.8716