YEARLY HIGH
0.6456 MGA
YEARLY LOW
0.5587 MGA
YEARLY AVERAGE
0.6052 MGA

2016 ZMK to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZMK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.6456. Conversely, the yearly low was recorded on July 29, dropping to 0.5587.

This high-to-low spread represents a total annual volatility of 0.0870 MGA. From a start-to-finish perspective, comparing the January average rate of 0.6113 to the December average rate of 0.6349, the exchange rate registered a net change of 3.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.6456 was down 0.52% compared to the 2015 peak of 0.6490, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,228 MGA
2015 Average 2,953 MGA
Yearly Trough Low 2,793 MGA
Transaction Impact: A difference of 434.83 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.6409
0.5691
JanuMarcMayJulySeptNove

ZMK 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 0.6102, compared to 0.6001 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0100 points.

H1 Avg (Jan–Jun) 0.6102
H2 Avg (Jul–Dec) 0.6001

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 0.0547 MGA (High: 0.6133 / Low: 0.5587). On the other end, January was the most stable month, with a tight range of 0.0057 MGA (High: 0.6141 / Low: 0.6084).

July Spread (Volatile) ±0.0547
January Spread (Stable) ±0.0057

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 0.0333 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0333

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.6349) against the same month in 2015 (average: 0.6107), the exchange rate shifted by +0.0242 (+3.96%).

2016 Avg (December) 0.6349
2015 Avg (December) 0.6107

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6141 0.6084 0.6113
February 0.6127 0.5996 0.6065
March 0.6182 0.6055 0.6104
April 0.6088 0.6029 0.6061
May 0.6200 0.5972 0.6053
June 0.6257 0.6170 0.6213
July 0.6133 0.5587 0.5880
August 0.5818 0.5654 0.5751
September 0.5912 0.5770 0.5806
October 0.6130 0.5913 0.6050
November 0.6335 0.5995 0.6173
December 0.6456 0.6283 0.6349