YEARLY HIGH
26.8507 MGA
YEARLY LOW
23.1836 MGA
YEARLY AVERAGE
25.4186 MGA

2016 JMD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JMD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 26.8507. Conversely, the yearly low was recorded on July 30, dropping to 23.1836.

This high-to-low spread represents a total annual volatility of 3.6671 MGA. From a start-to-finish perspective, comparing the January average rate of 26.6567 to the December average rate of 25.8691, the exchange rate registered a net change of -2.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 26.8507 was down 8.74% compared to the 2015 peak of 29.4219, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 134,253 MGA
2015 Average 132,771 MGA
Yearly Trough Low 115,918 MGA
Transaction Impact: A difference of 18,335.47 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

26.9404
23.5357
JanuMarcMayJulySeptNove

JMD 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 26.1965, compared to 24.6407 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5558 points.

H1 Avg (Jan–Jun) 26.1965
H2 Avg (Jul–Dec) 24.6407

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 2.3120 MGA (High: 25.4956 / Low: 23.1836). On the other end, January was the most stable month, with a tight range of 0.3472 MGA (High: 26.8507 / Low: 26.5035).

July Spread (Volatile) ±2.3120
January Spread (Stable) ±0.3472

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 1.7103 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.7103

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 26.6567) against the same month in 2015 (average: 23.1731), the exchange rate shifted by +3.4836 (+15.03%).

2016 Avg (January) 26.6567
2015 Avg (January) 23.1731

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 26.8507 26.5035 26.6567
February 26.5173 25.9277 26.2813
March 26.7574 26.1494 26.3851
April 26.2891 25.8964 26.1025
May 26.1017 25.5217 25.7065
June 26.2796 25.6752 26.0469
July 25.4956 23.1836 24.3365
August 24.0011 23.3034 23.8194
September 24.3607 23.8333 23.9397
October 25.0268 24.3557 24.7745
November 25.8156 24.3501 25.1051
December 26.3323 25.6102 25.8691