YEARLY HIGH
0.0734 SYP
YEARLY LOW
0.0629 SYP
YEARLY AVERAGE
0.0683 SYP

2016 MGA to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MGA to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 0.0734. Conversely, the yearly low was recorded on December 29, dropping to 0.0629.

This high-to-low spread represents a total annual volatility of 0.0105 SYP. From a start-to-finish perspective, comparing the January average rate of 0.0685 to the December average rate of 0.0640, the exchange rate registered a net change of -6.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0734 was up 2.83% compared to the 2015 peak of 0.0714, 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 367 SYP
2015 Average 315 SYP
Yearly Trough Low 315 SYP
Transaction Impact: A difference of 52.62 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0719
0.0633
JanuMarcMayJulySeptNove

MGA to SYP 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 0.0685, compared to 0.0682 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0685
H2 Avg (Jul–Dec) 0.0682

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 0.0062 SYP (High: 0.0734 / Low: 0.0672). On the other end, January was the most stable month, with a tight range of 0.0006 SYP (High: 0.0688 / Low: 0.0683).

July Spread (Volatile) ±0.0062
January Spread (Stable) ±0.0006

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 0.0029 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2016: 0.0702) against the same month in 2015 (average: 0.0575), the exchange rate shifted by +0.0127 (+22.14%).

2016 Avg (July) 0.0702
2015 Avg (July) 0.0575

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0688 0.0683 0.0685
February 0.0698 0.0683 0.0690
March 0.0691 0.0677 0.0685
April 0.0693 0.0687 0.0690
May 0.0700 0.0673 0.0690
June 0.0676 0.0666 0.0671
July 0.0734 0.0672 0.0702
August 0.0730 0.0702 0.0712
September 0.0710 0.0689 0.0703
October 0.0689 0.0665 0.0674
November 0.0679 0.0642 0.0660
December 0.0648 0.0629 0.0640