2016 MYR to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 MYR to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the MYR to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 420.0770. Conversely, the yearly low was recorded on January 18, dropping to 351.6647.
This high-to-low spread represents a total annual volatility of 68.4124 BIF. From a start-to-finish perspective, comparing the January average rate of 360.6194 to the December average rate of 375.7710, the exchange rate registered a net change of 4.20% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 420.0770 was down 5.63% compared to the 2015 peak of 445.1600, 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 BIF 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 382.7450, compared to 398.4992 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.7542 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 45.4877 BIF (High: 419.4229 / Low: 373.9352). On the other end, February was the most stable month, with a tight range of 8.0379 BIF (High: 377.3359 / Low: 369.2979).
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 October and November, when the average rate fell by 14.2242 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2016: 412.7806) against the same month in 2015 (average: 423.5787), the exchange rate shifted by -10.7980 (-2.55%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 379.9667 | 351.6647 | 360.6194 |
| February | 377.3359 | 369.2979 | 373.3551 |
| March | 401.7420 | 374.0130 | 384.3585 |
| April | 403.7803 | 393.7190 | 398.4323 |
| May | 396.1114 | 378.6124 | 385.8287 |
| June | 419.4229 | 373.9352 | 393.8761 |
| July | 420.0770 | 406.3338 | 412.7806 |
| August | 417.1816 | 408.2043 | 412.8681 |
| September | 410.7054 | 402.1639 | 405.0737 |
| October | 405.3142 | 395.8209 | 399.3631 |
| November | 400.3215 | 374.2230 | 385.1389 |
| December | 381.6433 | 371.9821 | 375.7710 |