YEARLY HIGH
0.3178 CAD
YEARLY LOW
0.2877 CAD
YEARLY AVERAGE
0.3019 CAD

2017 MYR to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MYR to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 3, valuing the pair at 0.3178. Conversely, the yearly low was recorded on September 7, dropping to 0.2877.

This high-to-low spread represents a total annual volatility of 0.0301 CAD. From a start-to-finish perspective, comparing the January average rate of 0.2963 to the December average rate of 0.3129, the exchange rate registered a net change of 5.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.3178 was down 5.84% compared to the 2016 peak of 0.3375, 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 6,355 CAD
2016 Average 6,401 CAD
Yearly Trough Low 5,754 CAD
Transaction Impact: A difference of 601.09 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.3173
0.2895
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 0.3040, compared to 0.2998 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.3040
H2 Avg (Jul–Dec) 0.2998

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.0155 CAD (High: 0.3146 / Low: 0.2991). On the other end, March was the most stable month, with a tight range of 0.0045 CAD (High: 0.3034 / Low: 0.2990).

April Spread (Volatile) ±0.0155
March Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

Between February and May, 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 June and July, when the average rate fell by 0.0152 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0152

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2017: 0.3149) against the same month in 2016 (average: 0.3202), the exchange rate shifted by -0.0053 (-1.66%).

2017 Avg (May) 0.3149
2016 Avg (May) 0.3202

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2997 0.2927 0.2963
February 0.2998 0.2936 0.2950
March 0.3034 0.2990 0.3015
April 0.3146 0.2991 0.3052
May 0.3178 0.3123 0.3149
June 0.3173 0.3019 0.3112
July 0.3023 0.2904 0.2960
August 0.2969 0.2920 0.2942
September 0.2957 0.2877 0.2918
October 0.3047 0.2949 0.2979
November 0.3153 0.3005 0.3061
December 0.3156 0.3091 0.3129