YEARLY HIGH
1.6904 MGA
YEARLY LOW
1.3056 MGA
YEARLY AVERAGE
1.4931 MGA

2016 MNT to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MNT to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on June 23, valuing the pair at 1.6904. Conversely, the yearly low was recorded on November 10, dropping to 1.3056.

This high-to-low spread represents a total annual volatility of 0.3849 MGA. From a start-to-finish perspective, comparing the January average rate of 1.6080 to the December average rate of 1.3463, the exchange rate registered a net change of -16.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.6904 was down 2.42% compared to the 2015 peak of 1.7323, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,452 MGA
2015 Average 7,886 MGA
Yearly Trough Low 6,528 MGA
Transaction Impact: A difference of 1,924.34 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.6928
1.3023
JanuMarcMayJulySeptNove

MNT 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 1.5972, compared to 1.3889 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2083 points.

H1 Avg (Jan–Jun) 1.5972
H2 Avg (Jul–Dec) 1.3889

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 0.2045 MGA (High: 1.6279 / Low: 1.4234). On the other end, January was the most stable month, with a tight range of 0.0211 MGA (High: 1.6194 / Low: 1.5983).

July Spread (Volatile) ±0.2045
January Spread (Stable) ±0.0211

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1392 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1392

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 1.6603) against the same month in 2015 (average: 1.6769), the exchange rate shifted by -0.0166 (-0.99%).

2016 Avg (June) 1.6603
2015 Avg (June) 1.6769

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6194 1.5983 1.6080
February 1.5993 1.5549 1.5783
March 1.5873 1.5553 1.5698
April 1.6119 1.5559 1.5824
May 1.6332 1.5574 1.5844
June 1.6904 1.6348 1.6603
July 1.6279 1.4234 1.5249
August 1.4360 1.3456 1.3857
September 1.3753 1.3493 1.3631
October 1.4034 1.3508 1.3785
November 1.3549 1.3056 1.3349
December 1.3640 1.3292 1.3463