2016 KZT to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 KZT to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the KZT to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 10.2041. Conversely, the yearly low was recorded on July 30, dropping to 8.3331.
This high-to-low spread represents a total annual volatility of 1.8709 MGA. From a start-to-finish perspective, comparing the January average rate of 8.8744 to the December average rate of 9.9739, the exchange rate registered a net change of 12.39% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 10.2041 was down 43.79% compared to the 2015 peak of 18.1532, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 KZT based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
KZT to MGA Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 9.2927, compared to 9.3105 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0178 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was July, with a trading range of 1.2061 MGA (High: 9.5392 / Low: 8.3331). On the other end, March was the most stable month, with a tight range of 0.2488 MGA (High: 9.4157 / Low: 9.1669).
Growth Streaks & Declines
TrendsBetween January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.6803 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 9.9739) against the same month in 2015 (average: 9.9406), the exchange rate shifted by +0.0333 (+0.34%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9.4475 | 8.3528 | 8.8744 |
| February | 9.1718 | 8.6053 | 8.8920 |
| March | 9.4157 | 9.1669 | 9.2848 |
| April | 9.7217 | 9.2293 | 9.4470 |
| May | 9.7221 | 9.4720 | 9.5665 |
| June | 9.8344 | 9.5574 | 9.6916 |
| July | 9.5392 | 8.3331 | 9.0112 |
| August | 8.9938 | 8.3817 | 8.7791 |
| September | 9.2493 | 8.8082 | 8.9978 |
| October | 9.7418 | 9.2531 | 9.5630 |
| November | 9.8073 | 9.2592 | 9.5379 |
| December | 10.2041 | 9.7865 | 9.9739 |