YEARLY HIGH
33.0842 MGA
YEARLY LOW
28.9483 MGA
YEARLY AVERAGE
31.3029 MGA

2016 KES to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the KES to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 33.0842. Conversely, the yearly low was recorded on July 29, dropping to 28.9483.

This high-to-low spread represents a total annual volatility of 4.1359 MGA. From a start-to-finish perspective, comparing the January average rate of 31.3721 to the December average rate of 32.6355, the exchange rate registered a net change of 4.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 33.0842 was down 0.66% compared to the 2015 peak of 33.3039, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 165,421 MGA
2015 Average 157,890 MGA
Yearly Trough Low 144,742 MGA
Transaction Impact: A difference of 20,679.60 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

32.9213
29.4918
JanuMarcMayJulySeptNove

KES 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 31.5814, compared to 31.0244 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5570 points.

H1 Avg (Jan–Jun) 31.5814
H2 Avg (Jul–Dec) 31.0244

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 2.9246 MGA (High: 31.8729 / Low: 28.9483). On the other end, April was the most stable month, with a tight range of 0.2378 MGA (High: 31.5607 / Low: 31.3229).

July Spread (Volatile) ±2.9246
April Spread (Stable) ±0.2378

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 1.8849 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.8849

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 32.6355) against the same month in 2015 (average: 31.3912), the exchange rate shifted by +1.2443 (+3.96%).

2016 Avg (December) 32.6355
2015 Avg (December) 31.3912

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 31.5142 31.2509 31.3721
February 31.4853 30.9520 31.2440
March 32.0120 31.3192 31.6004
April 31.5607 31.3229 31.4446
May 32.2961 31.1179 31.5572
June 32.5095 32.0548 32.2700
July 31.8729 28.9483 30.3852
August 30.1007 29.1342 29.7776
September 30.6735 29.9323 30.1208
October 31.7590 30.6776 31.3633
November 32.6864 30.9911 31.8640
December 33.0842 32.2588 32.6355