2016 MYR to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 MYR to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the MYR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on March 31, valuing the pair at 824.3442. Conversely, the yearly low was recorded on January 10, dropping to 723.5835.
This high-to-low spread represents a total annual volatility of 100.7607 MGA. From a start-to-finish perspective, comparing the January average rate of 741.4974 to the December average rate of 747.8466, the exchange rate registered a net change of 0.86% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 824.3442 was down 7.40% compared to the 2015 peak of 890.2284, indicating shifts in long-term support levels.
Comparing the value generated converting 20,000 MYR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
MYR 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 782.8273, compared to 752.4192 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 30.4081 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was July, with a trading range of 79.8622 MGA (High: 806.2221 / Low: 726.3600). On the other end, April was the most stable month, with a tight range of 12.7893 MGA (High: 822.0423 / Low: 809.2529).
Growth Streaks & Declines
TrendsBetween January and April, 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 June and July, when the average rate fell by 34.0600 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2016: 789.3715) against the same month in 2015 (average: 806.5071), the exchange rate shifted by -17.1355 (-2.12%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 777.2442 | 723.5835 | 741.4974 |
| February | 774.7003 | 751.0951 | 762.4536 |
| March | 824.3442 | 772.0973 | 789.3715 |
| April | 822.0423 | 809.2529 | 816.3885 |
| May | 811.8119 | 780.3390 | 786.6584 |
| June | 824.0425 | 785.8168 | 800.5946 |
| July | 806.2221 | 726.3600 | 766.5347 |
| August | 761.6336 | 732.8079 | 750.0531 |
| September | 752.1773 | 735.1608 | 742.2246 |
| October | 773.6114 | 751.4058 | 761.3143 |
| November | 766.6632 | 738.1588 | 746.5419 |
| December | 756.0322 | 737.2690 | 747.8466 |