2016 MYR to AFN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 MYR to AFN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the MYR to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 12, valuing the pair at 17.7148. Conversely, the yearly low was recorded on December 31, dropping to 14.6612.
This high-to-low spread represents a total annual volatility of 3.0536 AFN. From a start-to-finish perspective, comparing the January average rate of 15.8387 to the December average rate of 14.9022, the exchange rate registered a net change of -5.91% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 17.7148 was up 6.59% compared to the 2015 peak of 16.6200, indicating shifts in long-term support levels.
Comparing the value generated converting 20,000 MYR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
MYR to AFN 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 16.7781, compared to 16.0013 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7769 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was March, with a trading range of 1.1377 AFN (High: 17.6357 / Low: 16.4980). On the other end, April was the most stable month, with a tight range of 0.2828 AFN (High: 17.7148 / Low: 17.4320).
Growth Streaks & Declines
TrendsBetween 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 0.5686 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2016: 17.5516) against the same month in 2015 (average: 15.9444), the exchange rate shifted by +1.6072 (+10.08%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 16.5607 | 15.5272 | 15.8387 |
| February | 16.6685 | 16.1916 | 16.4816 |
| March | 17.6357 | 16.4980 | 16.8610 |
| April | 17.7148 | 17.4320 | 17.5516 |
| May | 17.4650 | 16.7186 | 16.9829 |
| June | 17.2772 | 16.6198 | 16.9529 |
| July | 17.3849 | 16.9085 | 17.1045 |
| August | 17.0173 | 16.2484 | 16.7155 |
| September | 16.6216 | 15.8900 | 16.2275 |
| October | 16.0236 | 15.5947 | 15.7807 |
| November | 15.7588 | 14.9149 | 15.2771 |
| December | 15.0527 | 14.6612 | 14.9022 |