YEARLY HIGH
249.4811 MGA
YEARLY LOW
190.4071 MGA
YEARLY AVERAGE
216.7125 MGA

2016 ZAR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 249.4811. Conversely, the yearly low was recorded on January 18, dropping to 190.4071.

This high-to-low spread represents a total annual volatility of 59.0740 MGA. From a start-to-finish perspective, comparing the January average rate of 197.3455 to the December average rate of 240.5412, the exchange rate registered a net change of 21.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 249.4811 was down 7.62% compared to the 2015 peak of 270.0515, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,474,053 MGA
2015 Average 12,185,438 MGA
Yearly Trough Low 9,520,355 MGA
Transaction Impact: A difference of 2,953,697.54 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

244.8608
193.0259
JanuMarcMayJulySeptNove

ZAR 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 208.3483, compared to 225.0767 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.7284 points.

H1 Avg (Jan–Jun) 208.3483
H2 Avg (Jul–Dec) 225.0767

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 22.2510 MGA (High: 223.8463 / Low: 201.5952). On the other end, February was the most stable month, with a tight range of 12.3569 MGA (High: 209.4717 / Low: 197.1148).

May Spread (Volatile) ±22.2510
February Spread (Stable) ±12.3569

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 April and May, when the average rate fell by 10.0932 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -10.0932

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 240.5412) against the same month in 2015 (average: 213.3267), the exchange rate shifted by +27.2146 (+12.76%).

2016 Avg (December) 240.5412
2015 Avg (December) 213.3267

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 208.4258 190.4071 197.3455
February 209.4717 197.1148 201.6508
March 217.2229 202.3549 208.7806
April 223.8253 208.8767 217.9565
May 223.8463 201.5952 207.8633
June 227.8576 208.3691 216.4929
July 221.0604 206.6011 213.7350
August 227.5868 207.3150 219.3849
September 226.3678 207.8633 216.6366
October 235.8163 222.4351 228.1740
November 238.7250 225.2253 231.9886
December 249.4811 235.6320 240.5412