YEARLY HIGH
32.4787 MGA
YEARLY LOW
28.0132 MGA
YEARLY AVERAGE
30.3456 MGA

2016 PKR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PKR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 32.4787. Conversely, the yearly low was recorded on July 30, dropping to 28.0132.

This high-to-low spread represents a total annual volatility of 4.4655 MGA. From a start-to-finish perspective, comparing the January average rate of 30.6083 to the December average rate of 31.8224, the exchange rate registered a net change of 3.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 32.4787 was down 3.03% compared to the 2015 peak of 33.4952, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 16,239,374 MGA
2015 Average 15,091,963 MGA
Yearly Trough Low 14,006,600 MGA
Transaction Impact: A difference of 2,232,774.56 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

32.1204
28.5439
JanuMarcMayJulySeptNove

PKR 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 30.6071, compared to 30.0841 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5230 points.

H1 Avg (Jan–Jun) 30.6071
H2 Avg (Jul–Dec) 30.0841

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 2.7578 MGA (High: 30.7710 / Low: 28.0132). On the other end, January was the most stable month, with a tight range of 0.2584 MGA (High: 30.7600 / Low: 30.5017).

July Spread (Volatile) ±2.7578
January Spread (Stable) ±0.2584

Growth Streaks & Declines

Trends

Between August and December, 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 June and July, when the average rate fell by 1.8311 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.8311

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 31.8224) against the same month in 2015 (average: 30.6205), the exchange rate shifted by +1.2019 (+3.93%).

2016 Avg (December) 31.8224
2015 Avg (December) 30.6205

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 30.7600 30.5017 30.6083
February 30.6709 30.0483 30.4473
March 31.0005 30.4014 30.6299
April 30.5432 30.2514 30.3994
May 31.0406 29.9626 30.3540
June 31.3766 31.0008 31.2037
July 30.7710 28.0132 29.3726
August 29.1240 28.1664 28.8419
September 29.7242 28.9902 29.1718
October 30.7191 29.7234 30.3661
November 31.7543 30.0333 30.9301
December 32.4787 31.5173 31.8224