2016 SYP to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 SYP to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the SYP to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 15.8969. Conversely, the yearly low was recorded on July 29, dropping to 13.6185.
This high-to-low spread represents a total annual volatility of 2.2784 MGA. From a start-to-finish perspective, comparing the January average rate of 14.5946 to the December average rate of 15.6154, the exchange rate registered a net change of 6.99% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 15.8969 was down 11.96% compared to the 2015 peak of 18.0560, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SYP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
SYP 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 14.5958, compared to 14.6929 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0971 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was July, with a trading range of 1.2610 MGA (High: 14.8795 / Low: 13.6185). On the other end, January was the most stable month, with a tight range of 0.1214 MGA (High: 14.6477 / Low: 14.5263).
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 0.6562 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 15.6154) against the same month in 2015 (average: 14.5398), the exchange rate shifted by +1.0756 (+7.40%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.6477 | 14.5263 | 14.5946 |
| February | 14.6412 | 14.3242 | 14.4926 |
| March | 14.7818 | 14.4765 | 14.5903 |
| April | 14.5660 | 14.4290 | 14.5018 |
| May | 14.8510 | 14.2849 | 14.4897 |
| June | 15.0120 | 14.7893 | 14.9059 |
| July | 14.8795 | 13.6185 | 14.2497 |
| August | 14.2380 | 13.7032 | 14.0485 |
| September | 14.5155 | 14.0935 | 14.2344 |
| October | 15.0459 | 14.5160 | 14.8492 |
| November | 15.5681 | 14.7177 | 15.1600 |
| December | 15.8969 | 15.4362 | 15.6154 |