YEARLY HIGH
0.0953 HUF
YEARLY LOW
0.0836 HUF
YEARLY AVERAGE
0.0886 HUF

2016 MGA to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MGA to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 0.0953. Conversely, the yearly low was recorded on June 8, dropping to 0.0836.

This high-to-low spread represents a total annual volatility of 0.0117 HUF. From a start-to-finish perspective, comparing the January average rate of 0.0901 to the December average rate of 0.0888, the exchange rate registered a net change of -1.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0953 was down 11.00% compared to the 2015 peak of 0.1070, 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 476 HUF
2015 Average 452 HUF
Yearly Trough Low 418 HUF
Transaction Impact: A difference of 58.44 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0930
0.0849
JanuMarcMayJulySeptNove

MGA to HUF 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 0.0874, compared to 0.0898 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0874
H2 Avg (Jul–Dec) 0.0898

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 0.0070 HUF (High: 0.0953 / Low: 0.0883). On the other end, April was the most stable month, with a tight range of 0.0012 HUF (High: 0.0868 / Low: 0.0856).

July Spread (Volatile) ±0.0070
April Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between October and December, 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 0.0027 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2016: 0.0924) against the same month in 2015 (average: 0.0863), the exchange rate shifted by +0.0061 (+7.05%).

2016 Avg (July) 0.0924
2015 Avg (July) 0.0863

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0912 0.0892 0.0901
February 0.0891 0.0863 0.0877
March 0.0891 0.0860 0.0871
April 0.0868 0.0856 0.0863
May 0.0888 0.0855 0.0876
June 0.0883 0.0836 0.0855
July 0.0953 0.0883 0.0924
August 0.0943 0.0901 0.0917
September 0.0917 0.0884 0.0903
October 0.0885 0.0865 0.0876
November 0.0895 0.0865 0.0883
December 0.0906 0.0867 0.0888