YEARLY HIGH
411.6070 MGA
YEARLY LOW
168.2466 MGA
YEARLY AVERAGE
339.3137 MGA

2016 EGP to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the EGP to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 411.6070. Conversely, the yearly low was recorded on December 20, dropping to 168.2466.

This high-to-low spread represents a total annual volatility of 243.3604 MGA. From a start-to-finish perspective, comparing the January average rate of 410.0698 to the December average rate of 181.2727, the exchange rate registered a net change of -55.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 411.6070 was down 5.48% compared to the 2015 peak of 435.4885, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,058,035 MGA
2015 Average 2,010,712 MGA
Yearly Trough Low 841,233 MGA
Transaction Impact: A difference of 1,216,802.16 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

432.9496
158.3930
JanuMarcMayJulySeptNove

EGP 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 380.7164, compared to 297.9110 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 82.8054 points.

H1 Avg (Jan–Jun) 380.7164
H2 Avg (Jul–Dec) 297.9110

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 183.5143 MGA (High: 361.5156 / Low: 178.0012). On the other end, January was the most stable month, with a tight range of 3.0511 MGA (High: 411.6070 / Low: 408.5560).

November Spread (Volatile) ±183.5143
January Spread (Stable) ±3.0511

Growth Streaks & Declines

Trends

Between August and October, 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 October and November, when the average rate fell by 140.3564 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -140.3564

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 410.0698) against the same month in 2015 (average: 366.7100), the exchange rate shifted by +43.3598 (+11.82%).

2016 Avg (January) 410.0698
2015 Avg (January) 366.7100

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 411.6070 408.5560 410.0698
February 409.9764 402.3850 406.7604
March 411.1210 357.1429 382.9297
April 361.0401 356.6480 358.6196
May 367.1070 353.1533 358.1368
June 371.3391 365.0382 367.7819
July 362.8054 330.4223 346.6934
August 344.1082 332.4608 340.1697
September 350.0036 341.3193 343.6312
October 362.8237 349.9442 358.0277
November 361.5156 178.0012 217.6713
December 187.0479 168.2466 181.2727