YEARLY HIGH
3739.9200 MGA
YEARLY LOW
3279.3031 MGA
YEARLY AVERAGE
3516.2717 MGA

2016 EUR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the EUR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on June 23, valuing the pair at 3739.9200. Conversely, the yearly low was recorded on July 29, dropping to 3279.3031.

This high-to-low spread represents a total annual volatility of 460.6169 MGA. From a start-to-finish perspective, comparing the January average rate of 3489.0127 to the December average rate of 3512.8474, the exchange rate registered a net change of 0.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 3739.9200 was down 2.01% compared to the 2015 peak of 3816.8140, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 18,699,600 MGA
2015 Average 17,201,763 MGA
Yearly Trough Low 16,396,515 MGA
Transaction Impact: A difference of 2,303,084.58 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

3699.0072
3354.1416
JanuMarcMayJulySeptNove

EUR 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 3578.4230, compared to 3454.1205 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 124.3024 points.

H1 Avg (Jan–Jun) 3578.4230
H2 Avg (Jul–Dec) 3454.1205

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 309.4101 MGA (High: 3588.7132 / Low: 3279.3031). On the other end, October was the most stable month, with a tight range of 51.9615 MGA (High: 3526.5150 / Low: 3474.5535).

July Spread (Volatile) ±309.4101
October Spread (Stable) ±51.9615

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 263.1449 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -263.1449

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 3670.2684) against the same month in 2015 (average: 3568.8253), the exchange rate shifted by +101.4431 (+2.84%).

2016 Avg (June) 3670.2684
2015 Avg (June) 3568.8253

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3511.8710 3453.8064 3489.0127
February 3589.7072 3472.9805 3538.1228
March 3652.0311 3484.3211 3572.2720
April 3646.6572 3575.3572 3610.3333
May 3646.4349 3556.2365 3590.5286
June 3739.9200 3598.8179 3670.2684
July 3588.7132 3279.3031 3407.1234
August 3449.2946 3296.4286 3382.8804
September 3491.8991 3379.8320 3418.6968
October 3526.5150 3474.5535 3506.2451
November 3560.6725 3451.6087 3496.9301
December 3585.7184 3432.2727 3512.8474