YEARLY HIGH
1604.5536 MGA
YEARLY LOW
1420.2603 MGA
YEARLY AVERAGE
1523.3892 MGA

2016 FJD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the FJD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 1604.5536. Conversely, the yearly low was recorded on July 29, dropping to 1420.2603.

This high-to-low spread represents a total annual volatility of 184.2933 MGA. From a start-to-finish perspective, comparing the January average rate of 1490.9789 to the December average rate of 1585.4261, the exchange rate registered a net change of 6.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1604.5536 was up 0.39% compared to the 2015 peak of 1598.3292, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,022,768 MGA
2015 Average 7,418,514 MGA
Yearly Trough Low 7,101,301 MGA
Transaction Impact: A difference of 921,466.62 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1596.7075
1461.3315
JanuMarcMayJulySeptNove

FJD 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 1522.5520, compared to 1524.2263 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6744 points.

H1 Avg (Jan–Jun) 1522.5520
H2 Avg (Jul–Dec) 1524.2263

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 140.2662 MGA (High: 1560.5265 / Low: 1420.2603). On the other end, April was the most stable month, with a tight range of 27.8929 MGA (High: 1553.7803 / Low: 1525.8875).

July Spread (Volatile) ±140.2662
April Spread (Stable) ±27.8929

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 76.6557 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -76.6557

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 1585.4261) against the same month in 2015 (average: 1505.7980), the exchange rate shifted by +79.6282 (+5.29%).

2016 Avg (December) 1585.4261
2015 Avg (December) 1505.7980

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1509.7648 1471.1330 1490.9789
February 1516.1873 1476.1722 1492.3531
March 1554.4189 1504.9553 1530.7975
April 1553.7803 1525.8875 1539.4920
May 1540.0324 1497.3802 1512.8439
June 1592.2764 1546.0415 1568.8465
July 1560.5265 1420.2603 1492.1908
August 1490.5415 1430.7514 1472.6128
September 1513.9807 1474.3936 1487.9313
October 1565.9557 1510.5643 1543.9669
November 1595.0925 1539.5731 1563.2301
December 1604.5536 1558.9681 1585.4261