YEARLY HIGH
25.2094 CVE
YEARLY LOW
22.8377 CVE
YEARLY AVERAGE
24.0711 CVE

2016 MYR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MYR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on April 19, valuing the pair at 25.2094. Conversely, the yearly low was recorded on January 10, dropping to 22.8377.

This high-to-low spread represents a total annual volatility of 2.3718 CVE. From a start-to-finish perspective, comparing the January average rate of 23.4354 to the December average rate of 23.4666, the exchange rate registered a net change of 0.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 25.2094 was down 11.71% compared to the 2015 peak of 28.5517, 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 504,189 CVE
2015 Average 511,426 CVE
Yearly Trough Low 456,754 CVE
Transaction Impact: A difference of 47,435.01 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

25.0994
23.2842
JanuMarcMayJulySeptNove

MYR to CVE 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 24.1266, compared to 24.0157 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1110 points.

H1 Avg (Jan–Jun) 24.1266
H2 Avg (Jul–Dec) 24.0157

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 1.7369 CVE (High: 24.5746 / Low: 22.8377). On the other end, September was the most stable month, with a tight range of 0.5388 CVE (High: 24.2425 / Low: 23.7036).

January Spread (Volatile) ±1.7369
September Spread (Stable) ±0.5388

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 0.8649 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.8649

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2016: 24.9482) against the same month in 2015 (average: 28.0577), the exchange rate shifted by -3.1096 (-11.08%).

2016 Avg (April) 24.9482
2015 Avg (April) 28.0577

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 24.5746 22.8377 23.4354
February 24.3904 23.5410 23.7876
March 25.0191 23.9932 24.4227
April 25.2094 24.6589 24.9482
May 24.6158 23.8927 24.0833
June 24.8605 23.7726 24.0826
July 25.1953 24.4612 24.7948
August 24.7762 24.1574 24.4363
September 24.2425 23.7036 23.9402
October 24.3593 23.6972 23.9356
November 23.9260 23.1991 23.5204
December 23.8000 22.9432 23.4666