YEARLY HIGH
30.2027 MGA
YEARLY LOW
24.4868 MGA
YEARLY AVERAGE
26.3773 MGA

2016 ISK to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 30.2027. Conversely, the yearly low was recorded on February 22, dropping to 24.4868.

This high-to-low spread represents a total annual volatility of 5.7159 MGA. From a start-to-finish perspective, comparing the January average rate of 24.7099 to the December average rate of 29.6132, the exchange rate registered a net change of 19.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 30.2027 was up 17.16% compared to the 2015 peak of 25.7793, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 151,014 MGA
2015 Average 117,722 MGA
Yearly Trough Low 122,434 MGA
Transaction Impact: A difference of 28,579.63 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

30.1035
24.2196
JanuMarcMayJulySeptNove

ISK 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 25.4672, compared to 27.2874 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8201 points.

H1 Avg (Jan–Jun) 25.4672
H2 Avg (Jul–Dec) 27.2874

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 1.7860 MGA (High: 26.2939 / Low: 24.5079). On the other end, January was the most stable month, with a tight range of 0.3885 MGA (High: 24.8987 / Low: 24.5102).

July Spread (Volatile) ±1.7860
January Spread (Stable) ±0.3885

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 1.2274 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.2274

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 29.6132) against the same month in 2015 (average: 24.7509), the exchange rate shifted by +4.8623 (+19.64%).

2016 Avg (December) 29.6132
2015 Avg (December) 24.7509

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 24.8987 24.5102 24.7099
February 25.1775 24.4868 24.8885
March 25.9285 24.7037 25.3302
April 25.9940 25.4637 25.6911
May 26.0680 25.5054 25.7165
June 27.0457 25.9169 26.4672
July 26.2939 24.5079 25.2398
August 26.1655 24.7267 25.5820
September 27.2064 26.1209 26.5611
October 28.3217 27.2244 27.8505
November 29.6571 28.3895 28.8777
December 30.2027 28.9563 29.6132