YEARLY HIGH
0.4484 MGA
YEARLY LOW
0.3268 MGA
YEARLY AVERAGE
0.3834 MGA

2016 GNF to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GNF to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 0.4484. Conversely, the yearly low was recorded on July 29, dropping to 0.3268.

This high-to-low spread represents a total annual volatility of 0.1216 MGA. From a start-to-finish perspective, comparing the January average rate of 0.4151 to the December average rate of 0.3594, the exchange rate registered a net change of -13.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.4484 was down 4.32% compared to the 2015 peak of 0.4686, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,242 MGA
2015 Average 2,110 MGA
Yearly Trough Low 1,634 MGA
Transaction Impact: A difference of 607.80 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.4394
0.3242
JanuMarcMayJulySeptNove

GNF 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 0.4205, compared to 0.3463 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0741 points.

H1 Avg (Jan–Jun) 0.4205
H2 Avg (Jul–Dec) 0.3463

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0862 MGA (High: 0.4484 / Low: 0.3622). On the other end, April was the most stable month, with a tight range of 0.0050 MGA (High: 0.4225 / Low: 0.4175).

June Spread (Volatile) ±0.0862
April Spread (Stable) ±0.0050

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 0.0793 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0793

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 0.4233) against the same month in 2015 (average: 0.4325), the exchange rate shifted by -0.0092 (-2.12%).

2016 Avg (June) 0.4233
2015 Avg (June) 0.4325

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4190 0.4112 0.4151
February 0.4195 0.4084 0.4138
March 0.4273 0.4170 0.4210
April 0.4225 0.4175 0.4198
May 0.4414 0.4157 0.4298
June 0.4484 0.3622 0.4233
July 0.3629 0.3268 0.3439
August 0.3373 0.3276 0.3338
September 0.3416 0.3318 0.3356
October 0.3548 0.3409 0.3498
November 0.3674 0.3442 0.3554
December 0.3631 0.3507 0.3594