YEARLY HIGH
1149.1323 MGA
YEARLY LOW
937.7407 MGA
YEARLY AVERAGE
1053.6421 MGA

2016 TRY to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TRY to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on June 23, valuing the pair at 1149.1323. Conversely, the yearly low was recorded on December 20, dropping to 937.7407.

This high-to-low spread represents a total annual volatility of 211.3917 MGA. From a start-to-finish perspective, comparing the January average rate of 1070.0287 to the December average rate of 951.9040, the exchange rate registered a net change of -11.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1149.1323 was down 8.02% compared to the 2015 peak of 1249.3246, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 57,456,616 MGA
2015 Average 57,017,417 MGA
Yearly Trough Low 46,887,034 MGA
Transaction Impact: A difference of 10,569,582.61 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1139.8927
934.8141
JanuMarcMayJulySeptNove

TRY 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 1097.9238, compared to 1009.3603 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 88.5634 points.

H1 Avg (Jan–Jun) 1097.9238
H2 Avg (Jul–Dec) 1009.3603

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 131.0884 MGA (High: 1111.1912 / Low: 980.1028). On the other end, September was the most stable month, with a tight range of 17.1200 MGA (High: 1037.8453 / Low: 1020.7254).

July Spread (Volatile) ±131.0884
September Spread (Stable) ±17.1200

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 82.3666 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -82.3666

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 1119.6153) against the same month in 2015 (average: 1179.4568), the exchange rate shifted by -59.8415 (-5.07%).

2016 Avg (June) 1119.6153
2015 Avg (June) 1179.4568

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1106.1574 1054.6464 1070.0287
February 1095.9154 1070.1893 1081.7610
March 1136.9658 1090.9846 1112.6114
April 1138.0773 1113.1919 1122.8028
May 1136.8046 1060.8281 1080.7235
June 1149.1323 1106.1628 1119.6153
July 1111.1912 980.1028 1037.2487
August 1038.0196 987.4938 1019.9764
September 1037.8453 1020.7254 1027.7047
October 1048.9043 1020.0548 1034.5059
November 1031.0511 956.4542 984.8224
December 967.5835 937.7407 951.9040