YEARLY HIGH
437.2273 MGA
YEARLY LOW
378.3070 MGA
YEARLY AVERAGE
409.3589 MGA

2016 HKD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HKD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 437.2273. Conversely, the yearly low was recorded on July 29, dropping to 378.3070.

This high-to-low spread represents a total annual volatility of 58.9203 MGA. From a start-to-finish perspective, comparing the January average rate of 412.7231 to the December average rate of 429.7959, the exchange rate registered a net change of 4.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 437.2273 was down 0.58% compared to the 2015 peak of 439.7827, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 10,930,682 MGA
2015 Average 10,003,680 MGA
Yearly Trough Low 9,457,675 MGA
Transaction Impact: A difference of 1,473,007.15 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

433.8440
385.2670
JanuMarcMayJulySeptNove

HKD 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 412.5888, compared to 406.1290 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.4598 points.

H1 Avg (Jan–Jun) 412.5888
H2 Avg (Jul–Dec) 406.1290

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 37.0002 MGA (High: 415.3072 / Low: 378.3070). On the other end, April was the most stable month, with a tight range of 4.0587 MGA (High: 412.4354 / Low: 408.3768).

July Spread (Volatile) ±37.0002
April Spread (Stable) ±4.0587

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 23.6214 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -23.6214

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 429.7959) against the same month in 2015 (average: 413.8524), the exchange rate shifted by +15.9435 (+3.85%).

2016 Avg (December) 429.7959
2015 Avg (December) 413.8524

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 416.1402 410.2752 412.7231
February 413.9574 405.2007 409.2933
March 418.5284 409.9638 413.1271
April 412.4354 408.3768 410.4621
May 419.0587 404.0575 409.4944
June 423.5766 417.5010 420.4330
July 415.3072 378.3070 396.8116
August 393.9785 380.4299 389.3151
September 400.4587 390.7954 393.1674
October 415.0451 400.4585 409.6535
November 429.0752 406.0720 418.0303
December 437.2273 425.3694 429.7959