2015 MRO to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 MRO to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the MRO to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 11.0813. Conversely, the yearly low was recorded on January 2, dropping to 8.7920.
This high-to-low spread represents a total annual volatility of 2.2893 MGA. From a start-to-finish perspective, comparing the January average rate of 9.1451 to the December average rate of 10.5301, the exchange rate registered a net change of 15.14% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2015 high of 11.0813 was up 17.75% compared to the 2014 peak of 9.4108, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MRO based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2015.
MRO to MGA Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 9.7440, compared to 10.3013 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5573 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was October, with a trading range of 1.2719 MGA (High: 11.0813 / Low: 9.8094). On the other end, February was the most stable month, with a tight range of 0.3286 MGA (High: 9.8480 / Low: 9.5194).
Growth Streaks & Declines
TrendsBetween April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.3150 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2015: 10.4908) against the same month in 2014 (average: 9.2390), the exchange rate shifted by +1.2518 (+13.55%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9.6479 | 8.7920 | 9.1451 |
| February | 9.8480 | 9.5194 | 9.6865 |
| March | 10.4375 | 9.5226 | 9.9814 |
| April | 9.9995 | 9.6185 | 9.7988 |
| May | 10.2651 | 9.5008 | 9.9182 |
| June | 10.2593 | 9.2220 | 9.9339 |
| July | 10.4167 | 9.7563 | 10.0826 |
| August | 10.5439 | 10.1291 | 10.3227 |
| September | 10.9550 | 9.7030 | 10.2055 |
| October | 11.0813 | 9.8094 | 10.4908 |
| November | 10.3637 | 9.6408 | 10.1758 |
| December | 10.9700 | 10.3032 | 10.5301 |