YEARLY HIGH
0.0338 CVE
YEARLY LOW
0.0296 CVE
YEARLY AVERAGE
0.0314 CVE

2016 MGA to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MGA to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 0.0338. Conversely, the yearly low was recorded on June 8, dropping to 0.0296.

This high-to-low spread represents a total annual volatility of 0.0041 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0316 to the December average rate of 0.0314, the exchange rate registered a net change of -0.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0338 was down 10.97% compared to the 2015 peak of 0.0379, 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 169 CVE
2015 Average 161 CVE
Yearly Trough Low 148 CVE
Transaction Impact: A difference of 20.70 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0328
0.0298
JanuMarcMayJulySeptNove

MGA to CVE 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 0.0308, compared to 0.0319 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0308
H2 Avg (Jul–Dec) 0.0319

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 0.0030 CVE (High: 0.0338 / Low: 0.0307). On the other end, October was the most stable month, with a tight range of 0.0004 CVE (High: 0.0317 / Low: 0.0313).

July Spread (Volatile) ±0.0030
October Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between June and August, 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 0.0008 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2016: 0.0324) against the same month in 2015 (average: 0.0305), the exchange rate shifted by +0.0019 (+6.08%).

2016 Avg (July) 0.0324
2015 Avg (July) 0.0305

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0319 0.0314 0.0316
February 0.0317 0.0307 0.0312
March 0.0317 0.0303 0.0309
April 0.0308 0.0303 0.0306
May 0.0308 0.0303 0.0306
June 0.0307 0.0296 0.0301
July 0.0338 0.0307 0.0324
August 0.0335 0.0321 0.0326
September 0.0326 0.0316 0.0323
October 0.0317 0.0313 0.0314
November 0.0318 0.0311 0.0315
December 0.0323 0.0304 0.0314