2016 SAR to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 SAR to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the SAR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 903.9976. Conversely, the yearly low was recorded on July 29, dropping to 782.5013.
This high-to-low spread represents a total annual volatility of 121.4963 MGA. From a start-to-finish perspective, comparing the January average rate of 855.7180 to the December average rate of 888.9169, the exchange rate registered a net change of 3.88% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 903.9976 was down 0.53% compared to the 2015 peak of 908.8388, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
SAR 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 854.4836, compared to 839.8867 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 14.5969 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was July, with a trading range of 76.5750 MGA (High: 859.0763 / Low: 782.5013). On the other end, January was the most stable month, with a tight range of 8.0816 MGA (High: 859.2297 / Low: 851.1481).
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 49.5054 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 888.9169) against the same month in 2015 (average: 855.0050), the exchange rate shifted by +33.9119 (+3.97%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 859.2297 | 851.1481 | 855.7180 |
| February | 857.9195 | 839.6924 | 849.4777 |
| March | 866.3904 | 848.1964 | 854.8632 |
| April | 852.8625 | 844.5984 | 848.9639 |
| May | 868.3396 | 836.2887 | 847.6850 |
| June | 876.4416 | 864.1443 | 870.1940 |
| July | 859.0763 | 782.5013 | 820.6886 |
| August | 814.7809 | 787.1723 | 805.1417 |
| September | 827.7394 | 808.1872 | 813.0413 |
| October | 858.4995 | 827.7797 | 847.2096 |
| November | 887.1425 | 839.7699 | 864.3224 |
| December | 903.9976 | 879.7873 | 888.9169 |