2016 GYD to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 GYD to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the GYD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 16.4271. Conversely, the yearly low was recorded on July 30, dropping to 14.2934.
This high-to-low spread represents a total annual volatility of 2.1337 MGA. From a start-to-finish perspective, comparing the January average rate of 15.5748 to the December average rate of 16.1780, the exchange rate registered a net change of 3.87% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 16.4271 was down 0.64% compared to the 2015 peak of 16.5327, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GYD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
GYD to MGA Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 15.5467, compared to 15.3196 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2271 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was July, with a trading range of 1.4062 MGA (High: 15.6996 / Low: 14.2934). On the other end, April was the most stable month, with a tight range of 0.1200 MGA (High: 15.5068 / Low: 15.3868).
Growth Streaks & Declines
TrendsBetween 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 0.8553 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 16.1780) against the same month in 2015 (average: 15.5813), the exchange rate shifted by +0.5967 (+3.83%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.6243 | 15.4814 | 15.5748 |
| February | 15.5719 | 15.2803 | 15.4494 |
| March | 15.7260 | 15.4254 | 15.5466 |
| April | 15.5068 | 15.3868 | 15.4499 |
| May | 15.7588 | 15.2204 | 15.4209 |
| June | 15.9644 | 15.7125 | 15.8388 |
| July | 15.6996 | 14.2934 | 14.9835 |
| August | 14.8029 | 14.3704 | 14.6770 |
| September | 15.1223 | 14.7377 | 14.8332 |
| October | 15.6588 | 15.1332 | 15.4679 |
| November | 16.1831 | 15.3239 | 15.7780 |
| December | 16.4271 | 15.9688 | 16.1780 |