YEARLY HIGH
0.0234 AFN
YEARLY LOW
0.0195 AFN
YEARLY AVERAGE
0.0214 AFN

2016 MGA to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MGA to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 0.0234. Conversely, the yearly low was recorded on December 31, dropping to 0.0195.

This high-to-low spread represents a total annual volatility of 0.0039 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0214 to the December average rate of 0.0199, the exchange rate registered a net change of -6.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0234 was up 3.66% compared to the 2015 peak of 0.0226, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 117 AFN
2015 Average 99 AFN
Yearly Trough Low 98 AFN
Transaction Impact: A difference of 19.70 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0226
0.0197
JanuMarcMayJulySeptNove

MGA to AFN 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 0.0214, compared to 0.0213 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0214
H2 Avg (Jul–Dec) 0.0213

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 0.0022 AFN (High: 0.0234 / Low: 0.0213). On the other end, April was the most stable month, with a tight range of 0.0002 AFN (High: 0.0216 / Low: 0.0214).

July Spread (Volatile) ±0.0022
April Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0011 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2016: 0.0223) against the same month in 2015 (average: 0.0185), the exchange rate shifted by +0.0039 (+20.90%).

2016 Avg (July) 0.0223
2015 Avg (July) 0.0185

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0215 0.0212 0.0214
February 0.0220 0.0213 0.0216
March 0.0215 0.0211 0.0214
April 0.0216 0.0214 0.0215
May 0.0218 0.0211 0.0216
June 0.0214 0.0210 0.0212
July 0.0234 0.0213 0.0223
August 0.0232 0.0219 0.0223
September 0.0223 0.0211 0.0219
October 0.0212 0.0205 0.0207
November 0.0209 0.0200 0.0205
December 0.0202 0.0195 0.0199