YEARLY HIGH
0.0228 INR
YEARLY LOW
0.0200 INR
YEARLY AVERAGE
0.0212 INR

2016 MGA to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MGA to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 0.0228. Conversely, the yearly low was recorded on December 29, dropping to 0.0200.

This high-to-low spread represents a total annual volatility of 0.0027 INR. From a start-to-finish perspective, comparing the January average rate of 0.0210 to the December average rate of 0.0203, the exchange rate registered a net change of -2.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0228 was down 7.22% compared to the 2015 peak of 0.0245, 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 114 INR
2015 Average 104 INR
Yearly Trough Low 100 INR
Transaction Impact: A difference of 13.70 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0224
0.0202
JanuMarcMayJulySeptNove

MGA to INR 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 0.0210, compared to 0.0214 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0210
H2 Avg (Jul–Dec) 0.0214

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 0.0019 INR (High: 0.0228 / Low: 0.0209). On the other end, April was the most stable month, with a tight range of 0.0003 INR (High: 0.0210 / Low: 0.0207).

July Spread (Volatile) ±0.0019
April Spread (Stable) ±0.0003

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 0.0009 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2016: 0.0218) against the same month in 2015 (average: 0.0194), the exchange rate shifted by +0.0025 (+12.73%).

2016 Avg (July) 0.0218
2015 Avg (July) 0.0194

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0213 0.0205 0.0210
February 0.0218 0.0211 0.0214
March 0.0211 0.0206 0.0209
April 0.0210 0.0207 0.0209
May 0.0212 0.0206 0.0211
June 0.0210 0.0204 0.0206
July 0.0228 0.0209 0.0218
August 0.0226 0.0220 0.0222
September 0.0221 0.0214 0.0219
October 0.0214 0.0208 0.0210
November 0.0212 0.0206 0.0209
December 0.0206 0.0200 0.0203