YEARLY HIGH
1537.9984 MGA
YEARLY LOW
1179.6309 MGA
YEARLY AVERAGE
1347.4694 MGA

2016 GEL to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GEL to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 1537.9984. Conversely, the yearly low was recorded on December 21, dropping to 1179.6309.

This high-to-low spread represents a total annual volatility of 358.3674 MGA. From a start-to-finish perspective, comparing the January average rate of 1318.1477 to the December average rate of 1257.6708, the exchange rate registered a net change of -4.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1537.9984 was down 9.72% compared to the 2015 peak of 1703.6250, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,689,992 MGA
2015 Average 7,078,079 MGA
Yearly Trough Low 5,898,155 MGA
Transaction Impact: A difference of 1,791,837.04 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1513.1263
1234.4476
JanuMarcMayJulySeptNove

GEL 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 1385.2674, compared to 1309.6713 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 75.5961 points.

H1 Avg (Jan–Jun) 1385.2674
H2 Avg (Jul–Dec) 1309.6713

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 156.7309 MGA (High: 1537.9984 / Low: 1381.2675). On the other end, September was the most stable month, with a tight range of 19.2012 MGA (High: 1330.6868 / Low: 1311.4856).

June Spread (Volatile) ±156.7309
September Spread (Stable) ±19.2012

Growth Streaks & Declines

Trends

Between February and June, 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 174.6196 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -174.6196

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 1489.9031) against the same month in 2015 (average: 1408.6281), the exchange rate shifted by +81.2750 (+5.77%).

2016 Avg (June) 1489.9031
2015 Avg (June) 1408.6281

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1344.4015 1288.6277 1318.1477
February 1303.8381 1269.8093 1283.1985
March 1393.9188 1296.6000 1350.9690
April 1432.2820 1384.3431 1411.2179
May 1521.6955 1420.7331 1458.1681
June 1537.9984 1381.2675 1489.9031
July 1392.4914 1248.2660 1315.2835
August 1338.3648 1257.4934 1303.2136
September 1330.6868 1311.4856 1320.4335
October 1365.1835 1330.0373 1349.5377
November 1338.1278 1285.5819 1311.8889
December 1302.4047 1179.6309 1257.6708