YEARLY HIGH
402.4027 MGA
YEARLY LOW
342.4644 MGA
YEARLY AVERAGE
371.6101 MGA

2016 SEK to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SEK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on June 23, valuing the pair at 402.4027. Conversely, the yearly low was recorded on July 29, dropping to 342.4644.

This high-to-low spread represents a total annual volatility of 59.9383 MGA. From a start-to-finish perspective, comparing the January average rate of 376.0034 to the December average rate of 361.9668, the exchange rate registered a net change of -3.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 402.4027 was up 1.29% compared to the 2015 peak of 397.2615, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,012,014 MGA
2015 Average 1,838,230 MGA
Yearly Trough Low 1,712,322 MGA
Transaction Impact: A difference of 299,691.71 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

397.1733
351.2838
JanuMarcMayJulySeptNove

SEK 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 384.6697, compared to 358.5505 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 26.1192 points.

H1 Avg (Jan–Jun) 384.6697
H2 Avg (Jul–Dec) 358.5505

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 39.3460 MGA (High: 381.8104 / Low: 342.4644). On the other end, April was the most stable month, with a tight range of 6.3534 MGA (High: 396.2737 / Low: 389.9203).

July Spread (Volatile) ±39.3460
April Spread (Stable) ±6.3534

Growth Streaks & Declines

Trends

Between 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 33.7972 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -33.7972

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 393.3492) against the same month in 2015 (average: 384.9604), the exchange rate shifted by +8.3888 (+2.18%).

2016 Avg (June) 393.3492
2015 Avg (June) 384.9604

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 381.7513 373.8489 376.0034
February 379.6068 371.0146 376.0132
March 394.5941 372.5268 384.3079
April 396.2737 389.9203 391.8024
May 396.5623 380.7122 386.5423
June 402.4027 381.3112 393.3492
July 381.8104 342.4644 359.5520
August 363.3919 343.7873 356.4417
September 362.3858 353.4345 357.2449
October 364.8492 353.6886 360.9897
November 360.7210 349.7508 355.1079
December 373.7943 353.2493 361.9668