YEARLY HIGH
1.7041 DKK
YEARLY LOW
1.5443 DKK
YEARLY AVERAGE
1.6254 DKK

2016 MYR to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MYR to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 15, valuing the pair at 1.7041. Conversely, the yearly low was recorded on January 10, dropping to 1.5443.

This high-to-low spread represents a total annual volatility of 0.1598 DKK. From a start-to-finish perspective, comparing the January average rate of 1.5858 to the December average rate of 1.5828, the exchange rate registered a net change of -0.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.7041 was down 11.61% compared to the 2015 peak of 1.9280, 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 34,082 DKK
2015 Average 34,627 DKK
Yearly Trough Low 30,885 DKK
Transaction Impact: A difference of 3,196.35 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.6932
1.5728
JanuMarcMayJulySeptNove

MYR to DKK 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 1.6297, compared to 1.6212 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0085 points.

H1 Avg (Jan–Jun) 1.6297
H2 Avg (Jul–Dec) 1.6212

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.1183 DKK (High: 1.6625 / Low: 1.5443). On the other end, September was the most stable month, with a tight range of 0.0359 DKK (High: 1.6376 / Low: 1.6017).

January Spread (Volatile) ±0.1183
September Spread (Stable) ±0.0359

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 0.0541 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0541

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2016: 1.6738) against the same month in 2015 (average: 1.7841), the exchange rate shifted by -0.1103 (-6.18%).

2016 Avg (July) 1.6738
2015 Avg (July) 1.7841

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6625 1.5443 1.5858
February 1.6497 1.5882 1.6086
March 1.6841 1.6195 1.6486
April 1.7024 1.6620 1.6832
May 1.6591 1.6160 1.6291
June 1.6734 1.5986 1.6227
July 1.7041 1.6492 1.6738
August 1.6729 1.6327 1.6500
September 1.6376 1.6017 1.6172
October 1.6429 1.5995 1.6154
November 1.6113 1.5665 1.5880
December 1.5972 1.5577 1.5828