2016 TJS to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 TJS to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the TJS to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 460.7590. Conversely, the yearly low was recorded on July 29, dropping to 372.9734.
This high-to-low spread represents a total annual volatility of 87.7855 MGA. From a start-to-finish perspective, comparing the January average rate of 435.3667 to the December average rate of 423.4448, the exchange rate registered a net change of -2.74% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 460.7590 was down 15.40% compared to the 2015 peak of 544.6061, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TJS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
TJS 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 411.9265, compared to 400.1937 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 11.7328 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was January, with a trading range of 50.0705 MGA (High: 460.7590 / Low: 410.6885). On the other end, April was the most stable month, with a tight range of 3.9701 MGA (High: 406.4120 / Low: 402.4419).
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 January and February, when the average rate fell by 29.9102 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 435.3667) against the same month in 2015 (average: 504.5055), the exchange rate shifted by -69.1388 (-13.70%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 460.7590 | 410.6885 | 435.3667 |
| February | 409.4865 | 400.0839 | 405.4566 |
| March | 412.5707 | 404.2067 | 407.3885 |
| April | 406.4120 | 402.4419 | 404.5561 |
| May | 413.8145 | 398.5315 | 404.0318 |
| June | 417.7039 | 411.8281 | 414.7593 |
| July | 409.5001 | 372.9734 | 391.2129 |
| August | 388.3246 | 375.1983 | 383.7814 |
| September | 394.6961 | 384.2911 | 387.3547 |
| October | 408.9987 | 394.6048 | 403.6967 |
| November | 422.5027 | 399.8832 | 411.6719 |
| December | 431.2416 | 418.9298 | 423.4448 |