YEARLY HIGH
11.9649 MGA
YEARLY LOW
10.4970 MGA
YEARLY AVERAGE
11.2930 MGA

2016 HUF to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HUF to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 11.9649. Conversely, the yearly low was recorded on July 29, dropping to 10.4970.

This high-to-low spread represents a total annual volatility of 1.4678 MGA. From a start-to-finish perspective, comparing the January average rate of 11.0999 to the December average rate of 11.2622, the exchange rate registered a net change of 1.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 11.9649 was down 1.78% compared to the 2015 peak of 12.1823, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 11,964,853 MGA
2015 Average 11,102,255 MGA
Yearly Trough Low 10,497,004 MGA
Transaction Impact: A difference of 1,467,849.45 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

11.7789
10.7504
JanuMarcMayJulySeptNove

HUF 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 11.4463, compared to 11.1396 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3067 points.

H1 Avg (Jan–Jun) 11.4463
H2 Avg (Jul–Dec) 11.1396

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 0.8305 MGA (High: 11.3275 / Low: 10.4970). On the other end, April was the most stable month, with a tight range of 0.1665 MGA (High: 11.6844 / Low: 11.5179).

July Spread (Volatile) ±0.8305
April Spread (Stable) ±0.1665

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.8571 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.8571

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 11.6932) against the same month in 2015 (average: 11.4310), the exchange rate shifted by +0.2622 (+2.29%).

2016 Avg (June) 11.6932
2015 Avg (June) 11.4310

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.2170 10.9709 11.0999
February 11.5840 11.2282 11.4056
March 11.6215 11.2221 11.4761
April 11.6844 11.5179 11.5835
May 11.7014 11.2673 11.4196
June 11.9649 11.3285 11.6932
July 11.3275 10.4970 10.8361
August 11.1036 10.6043 10.9113
September 11.3071 10.9036 11.0779
October 11.5671 11.3032 11.4207
November 11.5564 11.1790 11.3294
December 11.5275 11.0350 11.2622