YEARLY HIGH
2452.0580 MGA
YEARLY LOW
2186.7478 MGA
YEARLY AVERAGE
2301.2871 MGA

2016 SGD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SGD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on June 23, valuing the pair at 2452.0580. Conversely, the yearly low was recorded on July 29, dropping to 2186.7478.

This high-to-low spread represents a total annual volatility of 265.3102 MGA. From a start-to-finish perspective, comparing the January average rate of 2242.8242 to the December average rate of 2321.1434, the exchange rate registered a net change of 3.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2452.0580 was down 1.35% compared to the 2015 peak of 2485.6670, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,260,290 MGA
2015 Average 11,280,392 MGA
Yearly Trough Low 10,933,739 MGA
Transaction Impact: A difference of 1,326,551.04 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2427.6762
2222.7636
JanuMarcMayJulySeptNove

SGD 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 2322.6726, compared to 2279.9016 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 42.7710 points.

H1 Avg (Jan–Jun) 2322.6726
H2 Avg (Jul–Dec) 2279.9016

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 208.0892 MGA (High: 2394.8370 / Low: 2186.7478). On the other end, April was the most stable month, with a tight range of 30.6864 MGA (High: 2369.2403 / Low: 2338.5539).

July Spread (Volatile) ±208.0892
April Spread (Stable) ±30.6864

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 129.8088 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -129.8088

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 2410.6002) against the same month in 2015 (average: 2363.4385), the exchange rate shifted by +47.1616 (+2.00%).

2016 Avg (June) 2410.6002
2015 Avg (June) 2363.4385

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2282.1770 2215.6924 2242.8242
February 2284.2919 2248.3415 2267.6333
March 2379.0145 2291.1249 2337.1701
April 2369.2403 2338.5539 2357.3799
May 2364.0626 2294.9736 2320.4281
June 2452.0580 2366.1263 2410.6002
July 2394.8370 2186.7478 2280.7914
August 2267.7018 2199.4316 2239.8396
September 2279.0833 2224.6509 2243.1211
October 2314.6956 2270.6883 2297.4750
November 2324.0457 2260.5924 2297.0391
December 2348.8960 2285.2805 2321.1434