YEARLY HIGH
1600.5830 MGA
YEARLY LOW
1324.6525 MGA
YEARLY AVERAGE
1484.4972 MGA

2016 TND to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TND to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 1600.5830. Conversely, the yearly low was recorded on July 29, dropping to 1324.6525.

This high-to-low spread represents a total annual volatility of 275.9305 MGA. From a start-to-finish perspective, comparing the January average rate of 1571.8179 to the December average rate of 1443.4760, the exchange rate registered a net change of -8.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1600.5830 was down 7.69% compared to the 2015 peak of 1733.9847, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,002,915 MGA
2015 Average 7,904,782 MGA
Yearly Trough Low 6,623,262 MGA
Transaction Impact: A difference of 1,379,652.74 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1604.3815
1350.1671
JanuMarcMayJulySeptNove

TND 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 1562.6236, compared to 1406.3707 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 156.2529 points.

H1 Avg (Jan–Jun) 1562.6236
H2 Avg (Jul–Dec) 1406.3707

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 145.7369 MGA (High: 1470.3894 / Low: 1324.6525). On the other end, October was the most stable month, with a tight range of 20.4404 MGA (High: 1429.0226 / Low: 1408.5822).

July Spread (Volatile) ±145.7369
October Spread (Stable) ±20.4404

Growth Streaks & Declines

Trends

Between 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 122.2412 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -122.2412

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2016: 1583.1970) against the same month in 2015 (average: 1514.4966), the exchange rate shifted by +68.7003 (+4.54%).

2016 Avg (March) 1583.1970
2015 Avg (March) 1514.4966

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1584.3753 1562.6990 1571.8179
February 1592.1712 1549.3464 1575.1299
March 1600.5830 1563.2289 1583.1970
April 1594.3113 1572.0415 1581.6733
May 1586.0044 1531.5213 1550.2839
June 1548.0924 1475.9126 1513.6398
July 1470.3894 1324.6525 1391.3987
August 1391.0297 1333.5788 1371.3517
September 1411.2875 1371.8932 1383.9556
October 1429.0226 1408.5822 1421.6481
November 1444.9877 1405.3572 1426.3941
December 1475.6725 1419.5879 1443.4760