YEARLY HIGH
931.2583 MGA
YEARLY LOW
805.8982 MGA
YEARLY AVERAGE
872.6730 MGA

2016 QAR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the QAR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 931.2583. Conversely, the yearly low was recorded on July 29, dropping to 805.8982.

This high-to-low spread represents a total annual volatility of 125.3601 MGA. From a start-to-finish perspective, comparing the January average rate of 881.7435 to the December average rate of 915.7533, the exchange rate registered a net change of 3.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 931.2583 was down 0.51% compared to the 2015 peak of 936.0745, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 QAR based on timing:

Yearly Peak High 4,656,292 MGA
2015 Average 4,259,846 MGA
Yearly Trough Low 4,029,491 MGA
Transaction Impact: A difference of 626,800.70 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

924.3995
820.6445
JanuMarcMayJulySeptNove

QAR 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 880.1849, compared to 865.1611 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 15.0239 points.

H1 Avg (Jan–Jun) 880.1849
H2 Avg (Jul–Dec) 865.1611

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 78.8758 MGA (High: 884.7739 / Low: 805.8982). On the other end, January was the most stable month, with a tight range of 8.1631 MGA (High: 885.7593 / Low: 877.5962).

July Spread (Volatile) ±78.8758
January Spread (Stable) ±8.1631

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 51.1623 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -51.1623

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 915.7533) against the same month in 2015 (average: 881.0449), the exchange rate shifted by +34.7083 (+3.94%).

2016 Avg (December) 915.7533
2015 Avg (December) 881.0449

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 885.7593 877.5962 881.7435
February 883.6729 864.8462 874.8323
March 892.0056 873.5918 880.3897
April 878.3218 869.8342 874.3690
May 894.4462 861.5052 873.3101
June 903.3217 890.2586 896.4650
July 884.7739 805.8982 845.3027
August 839.1536 810.6781 829.2908
September 852.8060 832.4042 837.5068
October 884.2600 852.8146 872.6551
November 913.9868 864.9974 890.4580
December 931.2583 906.1888 915.7533