YEARLY HIGH
2.8646 MGA
YEARLY LOW
2.5577 MGA
YEARLY AVERAGE
2.7381 MGA

2016 KRW to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the KRW to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 8, valuing the pair at 2.8646. Conversely, the yearly low was recorded on February 22, dropping to 2.5577.

This high-to-low spread represents a total annual volatility of 0.3068 MGA. From a start-to-finish perspective, comparing the January average rate of 2.6738 to the December average rate of 2.8159, the exchange rate registered a net change of 5.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.8646 was down 1.86% compared to the 2015 peak of 2.9188, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,322,879 MGA
2015 Average 13,701,375 MGA
Yearly Trough Low 12,788,631 MGA
Transaction Impact: A difference of 1,534,247.72 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.8420
2.5951
JanuMarcMayJulySeptNove

KRW 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 2.7121, compared to 2.7642 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0521 points.

H1 Avg (Jan–Jun) 2.7121
H2 Avg (Jul–Dec) 2.7642

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.1985 MGA (High: 2.8012 / Low: 2.6026). On the other end, April was the most stable month, with a tight range of 0.0556 MGA (High: 2.8075 / Low: 2.7519).

March Spread (Volatile) ±0.1985
April Spread (Stable) ±0.0556

Growth Streaks & Declines

Trends

Between July and October, 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 0.0950 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0950

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 2.8159) against the same month in 2015 (average: 2.7349), the exchange rate shifted by +0.0810 (+2.96%).

2016 Avg (December) 2.8159
2015 Avg (December) 2.7349

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.7452 2.6456 2.6738
February 2.6686 2.5577 2.6157
March 2.8012 2.6026 2.7088
April 2.8075 2.7519 2.7749
May 2.7799 2.6734 2.7066
June 2.8563 2.7319 2.7926
July 2.8065 2.6202 2.6975
August 2.7655 2.6623 2.7170
September 2.8276 2.7048 2.7480
October 2.8540 2.7891 2.8214
November 2.8397 2.7512 2.7854
December 2.8646 2.7651 2.8159