YEARLY HIGH
10.2491 IRR
YEARLY LOW
8.8693 IRR
YEARLY AVERAGE
9.4951 IRR

2016 MGA to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MGA to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 10.2491. Conversely, the yearly low was recorded on December 29, dropping to 8.8693.

This high-to-low spread represents a total annual volatility of 1.3798 IRR. From a start-to-finish perspective, comparing the January average rate of 9.3434 to the December average rate of 9.0196, the exchange rate registered a net change of -3.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 10.2491 was down 2.72% compared to the 2015 peak of 10.5354, 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 51,245 IRR
2015 Average 46,776 IRR
Yearly Trough Low 44,346 IRR
Transaction Impact: A difference of 6,899.10 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

10.0537
8.9256
JanuMarcMayJulySeptNove

MGA to IRR 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 9.4260, compared to 9.5643 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1383 points.

H1 Avg (Jan–Jun) 9.4260
H2 Avg (Jul–Dec) 9.5643

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 0.8311 IRR (High: 10.2491 / Low: 9.4180). On the other end, January was the most stable month, with a tight range of 0.0874 IRR (High: 9.3872 / Low: 9.2998).

July Spread (Volatile) ±0.8311
January Spread (Stable) ±0.0874

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 0.3986 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3986

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2016: 9.8001) against the same month in 2015 (average: 8.9785), the exchange rate shifted by +0.8215 (+9.15%).

2016 Avg (July) 9.8001
2015 Avg (July) 8.9785

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.3872 9.2998 9.3434
February 9.5894 9.3398 9.4721
March 9.5069 9.3082 9.4274
April 9.5467 9.4510 9.4976
May 9.6486 9.3078 9.5228
June 9.3559 9.2285 9.2927
July 10.2491 9.4180 9.8001
August 10.1885 9.8465 9.9597
September 9.9242 9.6815 9.8630
October 9.6812 9.3423 9.4644
November 9.5494 9.0386 9.2788
December 9.1139 8.8693 9.0196