YEARLY HIGH
70.9796 MGA
YEARLY LOW
62.2822 MGA
YEARLY AVERAGE
66.9255 MGA

2016 PHP to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PHP to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 70.9796. Conversely, the yearly low was recorded on July 29, dropping to 62.2822.

This high-to-low spread represents a total annual volatility of 8.6974 MGA. From a start-to-finish perspective, comparing the January average rate of 67.5768 to the December average rate of 66.9883, the exchange rate registered a net change of -0.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 70.9796 was down 4.85% compared to the 2015 peak of 74.5943, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 17,744,894 MGA
2015 Average 17,029,413 MGA
Yearly Trough Low 15,570,549 MGA
Transaction Impact: A difference of 2,174,345.20 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

70.8611
63.5505
JanuMarcMayJulySeptNove

PHP 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 68.3593, compared to 65.4916 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.8678 points.

H1 Avg (Jan–Jun) 68.3593
H2 Avg (Jul–Dec) 65.4916

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 6.3202 MGA (High: 68.6024 / Low: 62.2822). On the other end, April was the most stable month, with a tight range of 1.5054 MGA (High: 69.2679 / Low: 67.7625).

July Spread (Volatile) ±6.3202
April Spread (Stable) ±1.5054

Growth Streaks & Declines

Trends

Between September and December, 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 4.8222 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -4.8222

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 70.2518) against the same month in 2015 (average: 70.5951), the exchange rate shifted by -0.3432 (-0.49%).

2016 Avg (June) 70.2518
2015 Avg (June) 70.5951

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 68.7592 66.6608 67.5768
February 67.7496 66.1687 66.9048
March 70.0945 67.8527 68.8212
April 69.2679 67.7625 68.6883
May 69.6306 66.4493 67.9131
June 70.9796 68.9893 70.2518
July 68.6024 62.2822 65.4296
August 65.8872 62.7985 64.7826
September 65.2031 63.2858 64.1597
October 66.8553 64.1894 65.7286
November 66.8056 64.7765 65.8607
December 68.4175 66.0664 66.9883