YEARLY HIGH
0.3910 KRW
YEARLY LOW
0.3491 KRW
YEARLY AVERAGE
0.3654 KRW

2016 MGA to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MGA to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 0.3910. Conversely, the yearly low was recorded on December 8, dropping to 0.3491.

This high-to-low spread represents a total annual volatility of 0.0419 KRW. From a start-to-finish perspective, comparing the January average rate of 0.3740 to the December average rate of 0.3552, the exchange rate registered a net change of -5.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.3910 was down 8.42% compared to the 2015 peak of 0.4269, 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 1,955 KRW
2015 Average 1,829 KRW
Yearly Trough Low 1,745 KRW
Transaction Impact: A difference of 209.40 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.3852
0.3516
JanuMarcMayJulySeptNove

MGA to KRW 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 0.3690, compared to 0.3619 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0070 points.

H1 Avg (Jan–Jun) 0.3690
H2 Avg (Jul–Dec) 0.3619

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0272 KRW (High: 0.3842 / Low: 0.3570). On the other end, April was the most stable month, with a tight range of 0.0072 KRW (High: 0.3634 / Low: 0.3562).

March Spread (Volatile) ±0.0272
April Spread (Stable) ±0.0072

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0131 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0131

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 0.3824) against the same month in 2015 (average: 0.3899), the exchange rate shifted by -0.0075 (-1.93%).

2016 Avg (February) 0.3824
2015 Avg (February) 0.3899

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3780 0.3643 0.3740
February 0.3910 0.3747 0.3824
March 0.3842 0.3570 0.3693
April 0.3634 0.3562 0.3604
May 0.3741 0.3597 0.3695
June 0.3660 0.3501 0.3581
July 0.3816 0.3563 0.3709
August 0.3756 0.3616 0.3681
September 0.3697 0.3537 0.3640
October 0.3585 0.3504 0.3544
November 0.3635 0.3521 0.3590
December 0.3617 0.3491 0.3552