YEARLY HIGH
0.0357 PKR
YEARLY LOW
0.0308 PKR
YEARLY AVERAGE
0.0330 PKR

2016 MGA to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MGA to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 0.0357. Conversely, the yearly low was recorded on December 29, dropping to 0.0308.

This high-to-low spread represents a total annual volatility of 0.0049 PKR. From a start-to-finish perspective, comparing the January average rate of 0.0327 to the December average rate of 0.0314, the exchange rate registered a net change of -3.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0357 was down 8.87% compared to the 2015 peak of 0.0392, 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 178 PKR
2015 Average 166 PKR
Yearly Trough Low 154 PKR
Transaction Impact: A difference of 24.54 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0350
0.0311
JanuMarcMayJulySeptNove

MGA to PKR 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 0.0327, compared to 0.0333 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0327
H2 Avg (Jul–Dec) 0.0333

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 0.0032 PKR (High: 0.0357 / Low: 0.0325). On the other end, January was the most stable month, with a tight range of 0.0003 PKR (High: 0.0328 / Low: 0.0325).

July Spread (Volatile) ±0.0032
January 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 0.0013 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2016: 0.0341) against the same month in 2015 (average: 0.0310), the exchange rate shifted by +0.0031 (+9.89%).

2016 Avg (July) 0.0341
2015 Avg (July) 0.0310

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0328 0.0325 0.0327
February 0.0333 0.0326 0.0328
March 0.0329 0.0323 0.0326
April 0.0331 0.0327 0.0329
May 0.0334 0.0322 0.0329
June 0.0323 0.0319 0.0320
July 0.0357 0.0325 0.0341
August 0.0355 0.0343 0.0347
September 0.0345 0.0336 0.0343
October 0.0336 0.0326 0.0329
November 0.0333 0.0315 0.0323
December 0.0317 0.0308 0.0314