YEARLY HIGH
0.4475 BGN
YEARLY LOW
0.4054 BGN
YEARLY AVERAGE
0.4270 BGN

2016 MYR to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MYR to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 15, valuing the pair at 0.4475. Conversely, the yearly low was recorded on January 17, dropping to 0.4054.

This high-to-low spread represents a total annual volatility of 0.0421 BGN. From a start-to-finish perspective, comparing the January average rate of 0.4157 to the December average rate of 0.4163, the exchange rate registered a net change of 0.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.4475 was down 11.44% compared to the 2015 peak of 0.5053, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 8,950 BGN
2015 Average 9,079 BGN
Yearly Trough Low 8,108 BGN
Transaction Impact: A difference of 842.61 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.4450
0.4130
JanuMarcMayJulySeptNove

MYR to BGN 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 0.4279, compared to 0.4261 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.4279
H2 Avg (Jul–Dec) 0.4261

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0304 BGN (High: 0.4358 / Low: 0.4054). On the other end, December was the most stable month, with a tight range of 0.0091 BGN (High: 0.4201 / Low: 0.4110).

January Spread (Volatile) ±0.0304
December Spread (Stable) ±0.0091

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 0.0140 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0140

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2016: 0.4400) against the same month in 2015 (average: 0.4676), the exchange rate shifted by -0.0277 (-5.92%).

2016 Avg (July) 0.4400
2015 Avg (July) 0.4676

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4358 0.4054 0.4157
February 0.4324 0.4162 0.4216
March 0.4420 0.4248 0.4324
April 0.4475 0.4370 0.4424
May 0.4364 0.4248 0.4284
June 0.4401 0.4204 0.4267
July 0.4475 0.4338 0.4400
August 0.4397 0.4286 0.4336
September 0.4301 0.4206 0.4247
October 0.4321 0.4208 0.4247
November 0.4232 0.4117 0.4174
December 0.4201 0.4110 0.4163