YEARLY HIGH
4906.8559 MGA
YEARLY LOW
3859.4064 MGA
YEARLY AVERAGE
4307.5208 MGA

2016 FKP to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the FKP to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on June 23, valuing the pair at 4906.8559. Conversely, the yearly low was recorded on October 6, dropping to 3859.4064.

This high-to-low spread represents a total annual volatility of 1047.4494 MGA. From a start-to-finish perspective, comparing the January average rate of 4625.4065 to the December average rate of 4160.2319, the exchange rate registered a net change of -10.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 4906.8559 was down 7.89% compared to the 2015 peak of 5327.0906, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 24,534,279 MGA
2015 Average 23,714,342 MGA
Yearly Trough Low 19,297,032 MGA
Transaction Impact: A difference of 5,237,247.11 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

4707.2325
3852.7072
JanuMarcMayJulySeptNove

FKP 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 4593.2789, compared to 4021.7626 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 571.5163 points.

H1 Avg (Jan–Jun) 4593.2789
H2 Avg (Jul–Dec) 4021.7626

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 589.3429 MGA (High: 4906.8559 / Low: 4317.5130). On the other end, September was the most stable month, with a tight range of 117.8441 MGA (High: 4071.6519 / Low: 3953.8079).

June Spread (Volatile) ±589.3429
September Spread (Stable) ±117.8441

Growth Streaks & Declines

Trends

Between April and June, 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 June and July, when the average rate fell by 587.9255 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -587.9255

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 4636.0221) against the same month in 2015 (average: 4957.6984), the exchange rate shifted by -321.6763 (-6.49%).

2016 Avg (June) 4636.0221
2015 Avg (June) 4957.6984

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4760.3240 4547.7509 4625.4065
February 4664.4855 4435.9280 4558.5525
March 4639.2154 4482.5435 4573.0553
April 4653.6134 4473.1374 4553.7052
May 4730.1847 4521.4981 4612.9320
June 4906.8559 4317.5130 4636.0221
July 4276.8939 3879.4358 4048.0966
August 4019.9089 3889.2213 3952.3918
September 4071.6519 3953.8079 4009.1014
October 4030.5362 3859.4064 3923.9176
November 4163.9276 3902.9716 4036.8364
December 4240.3491 4079.7403 4160.2319