YEARLY HIGH
4785.8922 MGA
YEARLY LOW
4144.1055 MGA
YEARLY AVERAGE
4484.8727 MGA

2016 JOD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JOD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 4785.8922. Conversely, the yearly low was recorded on July 29, dropping to 4144.1055.

This high-to-low spread represents a total annual volatility of 641.7866 MGA. From a start-to-finish perspective, comparing the January average rate of 4527.7126 to the December average rate of 4707.5888, the exchange rate registered a net change of 3.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 4785.8922 was down 0.55% compared to the 2015 peak of 4812.2757, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 23,929,461 MGA
2015 Average 21,884,499 MGA
Yearly Trough Low 20,720,528 MGA
Transaction Impact: A difference of 3,208,933.16 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

4752.1531
4217.3808
JanuMarcMayJulySeptNove

JOD 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 4522.7116, compared to 4447.0337 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 75.6779 points.

H1 Avg (Jan–Jun) 4522.7116
H2 Avg (Jul–Dec) 4447.0337

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 402.9031 MGA (High: 4547.0086 / Low: 4144.1055). On the other end, January was the most stable month, with a tight range of 45.4767 MGA (High: 4547.5239 / Low: 4502.0472).

July Spread (Volatile) ±402.9031
January Spread (Stable) ±45.4767

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 262.3715 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -262.3715

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 4707.5888) against the same month in 2015 (average: 4523.5327), the exchange rate shifted by +184.0560 (+4.07%).

2016 Avg (December) 4707.5888
2015 Avg (December) 4523.5327

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4547.5239 4502.0472 4527.7126
February 4533.1683 4444.8271 4496.0053
March 4584.1063 4489.9123 4524.8951
April 4513.8408 4466.5314 4493.0321
May 4596.9268 4419.8219 4487.0362
June 4641.5153 4574.7175 4607.5885
July 4547.0086 4144.1055 4345.2171
August 4315.2360 4168.9497 4261.9451
September 4382.1077 4279.9261 4304.1822
October 4547.3227 4382.0388 4486.2576
November 4697.4400 4445.4514 4577.0116
December 4785.8922 4658.1624 4707.5888