YEARLY HIGH
0.0007 FJD
YEARLY LOW
0.0006 FJD
YEARLY AVERAGE
0.0007 FJD

2016 MGA to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MGA to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 0.0007. Conversely, the yearly low was recorded on December 18, dropping to 0.0006.

This high-to-low spread represents a total annual volatility of 0.0001 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0007 to the December average rate of 0.0006, the exchange rate registered a net change of -5.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0007 was down 10.02% compared to the 2015 peak of 0.0008, 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 4 FJD
2015 Average 3 FJD
Yearly Trough Low 3 FJD
Transaction Impact: A difference of 0.40 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0007
0.0006
JanuMarcMayJulySeptNove

MGA to FJD 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 0.0007, compared to 0.0007 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0007
H2 Avg (Jul–Dec) 0.0007

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 0.0001 FJD (High: 0.0007 / Low: 0.0006). On the other end, April was the most stable month, with a tight range of 0.0000 FJD (High: 0.0007 / Low: 0.0006).

July Spread (Volatile) ±0.0001
April Spread (Stable) ±0.0000

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 0.0000 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2016: 0.0007) against the same month in 2015 (average: 0.0006), the exchange rate shifted by +0.0000 (+3.99%).

2016 Avg (July) 0.0007
2015 Avg (July) 0.0006

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0007 0.0007 0.0007
February 0.0007 0.0007 0.0007
March 0.0007 0.0006 0.0007
April 0.0007 0.0006 0.0006
May 0.0007 0.0006 0.0007
June 0.0006 0.0006 0.0006
July 0.0007 0.0006 0.0007
August 0.0007 0.0007 0.0007
September 0.0007 0.0007 0.0007
October 0.0007 0.0006 0.0006
November 0.0006 0.0006 0.0006
December 0.0006 0.0006 0.0006