2016 QAR to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
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.
Comparing the value generated converting 5,000 QAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |