YEARLY HIGH
0.3375 CAD
YEARLY LOW
0.2966 CAD
YEARLY AVERAGE
0.3201 CAD

2016 MYR to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MYR to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 0.3375. Conversely, the yearly low was recorded on December 13, dropping to 0.2966.

This high-to-low spread represents a total annual volatility of 0.0409 CAD. From a start-to-finish perspective, comparing the January average rate of 0.3276 to the December average rate of 0.2994, the exchange rate registered a net change of -8.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.3375 was down 4.27% compared to the 2015 peak of 0.3526, 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 6,750 CAD
2015 Average 6,571 CAD
Yearly Trough Low 5,931 CAD
Transaction Impact: A difference of 818.40 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.3331
0.2964
JanuMarcMayJulySeptNove

MYR to CAD 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 0.3248, compared to 0.3155 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0093 points.

H1 Avg (Jan–Jun) 0.3248
H2 Avg (Jul–Dec) 0.3155

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0195 CAD (High: 0.3200 / Low: 0.3005). On the other end, September was the most stable month, with a tight range of 0.0040 CAD (High: 0.3207 / Low: 0.3167).

November Spread (Volatile) ±0.0195
September Spread (Stable) ±0.0040

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0105 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0105

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.3276) against the same month in 2015 (average: 0.3379), the exchange rate shifted by -0.0103 (-3.05%).

2016 Avg (January) 0.3276
2015 Avg (January) 0.3379

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3375 0.3192 0.3276
February 0.3369 0.3216 0.3301
March 0.3337 0.3201 0.3254
April 0.3357 0.3206 0.3290
May 0.3231 0.3175 0.3202
June 0.3236 0.3133 0.3163
July 0.3286 0.3209 0.3245
August 0.3269 0.3203 0.3229
September 0.3207 0.3167 0.3186
October 0.3212 0.3114 0.3174
November 0.3200 0.3005 0.3099
December 0.3031 0.2966 0.2994