YEARLY HIGH
11078.9970 MGA
YEARLY LOW
9711.8473 MGA
YEARLY AVERAGE
10513.5595 MGA

2016 KWD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the KWD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 11078.9970. Conversely, the yearly low was recorded on July 29, dropping to 9711.8473.

This high-to-low spread represents a total annual volatility of 1367.1497 MGA. From a start-to-finish perspective, comparing the January average rate of 10560.8649 to the December average rate of 10914.2852, the exchange rate registered a net change of 3.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 11078.9970 was down 1.60% compared to the 2015 peak of 11259.5388, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 55,394,985 MGA
2015 Average 51,503,537 MGA
Yearly Trough Low 48,559,237 MGA
Transaction Impact: A difference of 6,835,748.54 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

11004.3823
9923.2176
JanuMarcMayJulySeptNove

KWD 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 10624.7075, compared to 10402.4115 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 222.2960 points.

H1 Avg (Jan–Jun) 10624.7075
H2 Avg (Jul–Dec) 10402.4115

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 968.3084 MGA (High: 10680.1558 / Low: 9711.8473). On the other end, April was the most stable month, with a tight range of 88.6029 MGA (High: 10599.9443 / Low: 10511.3414).

July Spread (Volatile) ±968.3084
April Spread (Stable) ±88.6029

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 631.3806 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -631.3806

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 10914.2852) against the same month in 2015 (average: 10566.3684), the exchange rate shifted by +347.9168 (+3.29%).

2016 Avg (December) 10914.2852
2015 Avg (December) 10566.3684

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10617.7787 10514.4140 10560.8649
February 10703.5632 10515.5245 10622.4914
March 10765.2128 10568.0290 10646.6158
April 10599.9443 10511.3414 10552.4718
May 10775.2651 10425.7749 10543.1283
June 10916.0164 10740.4955 10822.6731
July 10680.1558 9711.8473 10191.2925
August 10136.1052 9785.2652 10013.3147
September 10304.1031 10047.7006 10118.5972
October 10643.5905 10303.4877 10506.4170
November 10914.9205 10408.2941 10670.5625
December 11078.9970 10787.9649 10914.2852