YEARLY HIGH
1.7900 ZMK
YEARLY LOW
1.5489 ZMK
YEARLY AVERAGE
1.6539 ZMK

2016 MGA to ZMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MGA to ZMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 1.7900. Conversely, the yearly low was recorded on December 29, dropping to 1.5489.

This high-to-low spread represents a total annual volatility of 0.2411 ZMK. From a start-to-finish perspective, comparing the January average rate of 1.6358 to the December average rate of 1.5752, the exchange rate registered a net change of -3.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.7900 was down 12.13% compared to the 2015 peak of 2.0371, 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 8,950 ZMK
2015 Average 8,501 ZMK
Yearly Trough Low 7,745 ZMK
Transaction Impact: A difference of 1,205.58 ZMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.7554
1.5588
JanuMarcMayJulySeptNove

MGA to ZMK 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 1.6391, compared to 1.6687 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0296 points.

H1 Avg (Jan–Jun) 1.6391
H2 Avg (Jul–Dec) 1.6687

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 0.1596 ZMK (High: 1.7900 / Low: 1.6304). On the other end, January was the most stable month, with a tight range of 0.0151 ZMK (High: 1.6436 / Low: 1.6285).

July Spread (Volatile) ±0.1596
January Spread (Stable) ±0.0151

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 0.0693 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0693

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2016: 1.7019) against the same month in 2015 (average: 1.5997), the exchange rate shifted by +0.1022 (+6.39%).

2016 Avg (July) 1.7019
2015 Avg (July) 1.5997

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6436 1.6285 1.6358
February 1.6678 1.6320 1.6489
March 1.6514 1.6176 1.6384
April 1.6587 1.6425 1.6499
May 1.6746 1.6129 1.6522
June 1.6207 1.5983 1.6094
July 1.7900 1.6304 1.7019
August 1.7686 1.7188 1.7390
September 1.7331 1.6915 1.7224
October 1.6911 1.6312 1.6531
November 1.6680 1.5785 1.6204
December 1.5916 1.5489 1.5752