YEARLY HIGH
0.2011 XAF
YEARLY LOW
0.1760 XAF
YEARLY AVERAGE
0.1869 XAF

2016 MGA to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MGA to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 0.2011. Conversely, the yearly low was recorded on June 23, dropping to 0.1760.

This high-to-low spread represents a total annual volatility of 0.0250 XAF. From a start-to-finish perspective, comparing the January average rate of 0.1882 to the December average rate of 0.1868, the exchange rate registered a net change of -0.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2011 was down 11.18% compared to the 2015 peak of 0.2264, 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 1,005 XAF
2015 Average 957 XAF
Yearly Trough Low 880 XAF
Transaction Impact: A difference of 125.04 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1958
0.1777
JanuMarcMayJulySeptNove

MGA to XAF 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 0.1836, compared to 0.1903 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0067 points.

H1 Avg (Jan–Jun) 0.1836
H2 Avg (Jul–Dec) 0.1903

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 0.0178 XAF (High: 0.2011 / Low: 0.1833). On the other end, October was the most stable month, with a tight range of 0.0027 XAF (High: 0.1889 / Low: 0.1863).

July Spread (Volatile) ±0.0178
October Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

Between June and August, 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 0.0049 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2016: 0.1931) against the same month in 2015 (average: 0.1816), the exchange rate shifted by +0.0115 (+6.34%).

2016 Avg (July) 0.1931
2015 Avg (July) 0.1816

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1900 0.1868 0.1882
February 0.1889 0.1830 0.1856
March 0.1883 0.1802 0.1839
April 0.1833 0.1802 0.1819
May 0.1842 0.1802 0.1828
June 0.1829 0.1760 0.1792
July 0.2011 0.1833 0.1931
August 0.1995 0.1907 0.1943
September 0.1946 0.1886 0.1923
October 0.1889 0.1863 0.1874
November 0.1897 0.1845 0.1876
December 0.1910 0.1834 0.1868