YEARLY HIGH
0.2021 XOF
YEARLY LOW
0.1761 XOF
YEARLY AVERAGE
0.1875 XOF

2016 MGA to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MGA to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 0.2021. Conversely, the yearly low was recorded on June 23, dropping to 0.1761.

This high-to-low spread represents a total annual volatility of 0.0259 XOF. From a start-to-finish perspective, comparing the January average rate of 0.1891 to the December average rate of 0.1866, the exchange rate registered a net change of -1.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2021 was down 10.75% 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 1,010 XOF
2015 Average 957 XOF
Yearly Trough Low 881 XOF
Transaction Impact: A difference of 129.64 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1963
0.1782
JanuMarcMayJulySeptNove

MGA to XOF 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 0.1845, compared to 0.1905 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0060 points.

H1 Avg (Jan–Jun) 0.1845
H2 Avg (Jul–Dec) 0.1905

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 0.0183 XOF (High: 0.2021 / Low: 0.1838). On the other end, April was the most stable month, with a tight range of 0.0024 XOF (High: 0.1840 / Low: 0.1817).

July Spread (Volatile) ±0.0183
April Spread (Stable) ±0.0024

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 0.0048 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2016: 0.1935) against the same month in 2015 (average: 0.1815), the exchange rate shifted by +0.0120 (+6.59%).

2016 Avg (July) 0.1935
2015 Avg (July) 0.1815

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1906 0.1872 0.1891
February 0.1894 0.1838 0.1868
March 0.1898 0.1813 0.1848
April 0.1840 0.1817 0.1829
May 0.1854 0.1804 0.1837
June 0.1830 0.1761 0.1797
July 0.2021 0.1838 0.1935
August 0.1998 0.1913 0.1948
September 0.1945 0.1895 0.1926
October 0.1897 0.1865 0.1878
November 0.1903 0.1851 0.1879
December 0.1904 0.1836 0.1866