2016 PLN to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 PLN to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the PLN to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on March 31, valuing the pair at 859.3601. Conversely, the yearly low was recorded on July 17, dropping to 748.4851.
This high-to-low spread represents a total annual volatility of 110.8749 MGA. From a start-to-finish perspective, comparing the January average rate of 792.6803 to the December average rate of 792.5103, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 859.3601 was down 4.89% compared to the 2015 peak of 903.5727, indicating shifts in long-term support levels.
Comparing the value generated converting 20,000 PLN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
PLN 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 819.5450, compared to 792.5006 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 27.0444 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was July, with a trading range of 65.0322 MGA (High: 813.5173 / Low: 748.4851). On the other end, October was the most stable month, with a tight range of 17.3634 MGA (High: 824.1864 / Low: 806.8231).
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 59.5640 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2016: 832.6179) against the same month in 2015 (average: 779.2065), the exchange rate shifted by +53.4114 (+6.85%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 819.5497 | 777.9507 | 792.6803 |
| February | 816.1978 | 792.8105 | 804.8545 |
| March | 859.3601 | 805.5697 | 832.6179 |
| April | 858.4213 | 817.3656 | 837.5023 |
| May | 832.5560 | 808.1911 | 814.9919 |
| June | 858.6564 | 807.4419 | 834.6232 |
| July | 813.5173 | 748.4851 | 775.0592 |
| August | 803.1432 | 756.2770 | 786.4825 |
| September | 812.1300 | 775.9299 | 790.8985 |
| October | 824.1864 | 806.8231 | 813.8958 |
| November | 822.4566 | 779.0932 | 796.1573 |
| December | 812.0659 | 778.4929 | 792.5103 |