YEARLY HIGH
3.0598 GNF
YEARLY LOW
2.2303 GNF
YEARLY AVERAGE
2.6360 GNF

2016 MGA to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MGA to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 3.0598. Conversely, the yearly low was recorded on June 5, dropping to 2.2303.

This high-to-low spread represents a total annual volatility of 0.8296 GNF. From a start-to-finish perspective, comparing the January average rate of 2.4091 to the December average rate of 2.7827, the exchange rate registered a net change of 15.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 3.0598 was up 11.58% compared to the 2015 peak of 2.7423, 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 15,299 GNF
2015 Average 11,884 GNF
Yearly Trough Low 11,151 GNF
Transaction Impact: A difference of 4,147.75 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

3.0627
2.2605
JanuMarcMayJulySeptNove

MGA to GNF 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 2.3816, compared to 2.8904 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5088 points.

H1 Avg (Jan–Jun) 2.3816
H2 Avg (Jul–Dec) 2.8904

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.5309 GNF (High: 2.7612 / Low: 2.2303). On the other end, April was the most stable month, with a tight range of 0.0281 GNF (High: 2.3951 / Low: 2.3670).

June Spread (Volatile) ±0.5309
April Spread (Stable) ±0.0281

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.1203 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1203

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2016: 2.9104) against the same month in 2015 (average: 2.2324), the exchange rate shifted by +0.6780 (+30.37%).

2016 Avg (July) 2.9104
2015 Avg (July) 2.2324

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4320 2.3867 2.4091
February 2.4486 2.3836 2.4170
March 2.3982 2.3402 2.3754
April 2.3951 2.3670 2.3820
May 2.4054 2.2654 2.3274
June 2.7612 2.2303 2.3786
July 3.0598 2.7558 2.9104
August 3.0522 2.9645 2.9958
September 3.0143 2.9272 2.9795
October 2.9334 2.8187 2.8591
November 2.9056 2.7217 2.8146
December 2.8513 2.7539 2.7827