YEARLY HIGH
2.7816 MGA
YEARLY LOW
2.3950 MGA
YEARLY AVERAGE
2.5755 MGA

2016 MMK to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MMK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on June 27, valuing the pair at 2.7816. Conversely, the yearly low was recorded on December 20, dropping to 2.3950.

This high-to-low spread represents a total annual volatility of 0.3866 MGA. From a start-to-finish perspective, comparing the January average rate of 2.4710 to the December average rate of 2.4710, the exchange rate registered a net change of 0.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.7816 was down 11.79% compared to the 2015 peak of 3.1536, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MMK based on timing:

Yearly Peak High 13,908 MGA
2015 Average 14,030 MGA
Yearly Trough Low 11,975 MGA
Transaction Impact: A difference of 1,932.87 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.7771
2.4432
JanuMarcMayJulySeptNove

MMK to MGA 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 2.6359, compared to 2.5150 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1208 points.

H1 Avg (Jan–Jun) 2.6359
H2 Avg (Jul–Dec) 2.5150

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 0.2667 MGA (High: 2.7450 / Low: 2.4783). On the other end, January was the most stable month, with a tight range of 0.0343 MGA (High: 2.4869 / Low: 2.4526).

July Spread (Volatile) ±0.2667
January Spread (Stable) ±0.0343

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.1373 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1373

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 2.7493) against the same month in 2015 (average: 2.8885), the exchange rate shifted by -0.1392 (-4.82%).

2016 Avg (June) 2.7493
2015 Avg (June) 2.8885

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4869 2.4526 2.4710
February 2.5951 2.4747 2.5562
March 2.6845 2.5858 2.6360
April 2.7457 2.6243 2.6920
May 2.7436 2.6805 2.7108
June 2.7816 2.7226 2.7493
July 2.7450 2.4783 2.6120
August 2.5508 2.4939 2.5309
September 2.5252 2.4398 2.4816
October 2.5450 2.4589 2.4959
November 2.5307 2.4640 2.4987
December 2.5348 2.3950 2.4710