YEARLY HIGH
152.0817 MGA
YEARLY LOW
133.2463 MGA
YEARLY AVERAGE
145.5669 MGA

2016 ETB to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ETB to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 152.0817. Conversely, the yearly low was recorded on July 30, dropping to 133.2463.

This high-to-low spread represents a total annual volatility of 18.8354 MGA. From a start-to-finish perspective, comparing the January average rate of 151.1363 to the December average rate of 148.8940, the exchange rate registered a net change of -1.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 152.0817 was down 7.03% compared to the 2015 peak of 163.5867, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 760,408 MGA
2015 Average 749,418 MGA
Yearly Trough Low 666,231 MGA
Transaction Impact: A difference of 94,177.04 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

152.5651
135.4197
JanuMarcMayJulySeptNove

ETB 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 149.0742, compared to 142.0596 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.0146 points.

H1 Avg (Jan–Jun) 149.0742
H2 Avg (Jul–Dec) 142.0596

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 13.8656 MGA (High: 147.1119 / Low: 133.2463). On the other end, April was the most stable month, with a tight range of 1.5027 MGA (High: 148.6130 / Low: 147.1103).

July Spread (Volatile) ±13.8656
April Spread (Stable) ±1.5027

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 9.4383 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -9.4383

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 151.1363) against the same month in 2015 (average: 131.5731), the exchange rate shifted by +19.5633 (+14.87%).

2016 Avg (January) 151.1363
2015 Avg (January) 131.5731

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 152.0817 150.5130 151.1363
February 150.6527 147.5829 149.4450
March 151.6360 148.8142 149.9061
April 148.6130 147.1103 147.6868
May 149.5657 145.3155 146.6137
June 150.6793 148.2983 149.6575
July 147.1119 133.2463 140.2192
August 138.0717 133.9399 136.8485
September 140.1972 137.0814 137.9607
October 145.3632 140.0534 143.1601
November 148.4705 141.2317 145.2753
December 151.8940 147.5177 148.8940