YEARLY HIGH
2275.0460 GNF
YEARLY LOW
1741.2682 GNF
YEARLY AVERAGE
2019.1879 GNF

2016 MYR to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MYR to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 2275.0460. Conversely, the yearly low was recorded on January 10, dropping to 1741.2682.

This high-to-low spread represents a total annual volatility of 533.7778 GNF. From a start-to-finish perspective, comparing the January average rate of 1786.4219 to the December average rate of 2080.9980, the exchange rate registered a net change of 16.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2275.0460 was up 9.02% compared to the 2015 peak of 2086.8977, 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 45,500,921 GNF
2015 Average 37,826,279 GNF
Yearly Trough Low 34,825,364 GNF
Transaction Impact: A difference of 10,675,556.20 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2292.8793
1740.3803
JanuMarcMayJulySeptNove

MYR to GNF 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 1864.0685, compared to 2174.3073 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 310.2388 points.

H1 Avg (Jan–Jun) 1864.0685
H2 Avg (Jul–Dec) 2174.3073

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 440.3811 GNF (High: 2213.0459 / Low: 1772.6648). On the other end, April was the most stable month, with a tight range of 36.6914 GNF (High: 1963.7102 / Low: 1927.0188).

June Spread (Volatile) ±440.3811
April Spread (Stable) ±36.6914

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 113.7453 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -113.7453

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2016: 2228.6928) against the same month in 2015 (average: 1928.3081), the exchange rate shifted by +300.3848 (+15.58%).

2016 Avg (July) 2228.6928
2015 Avg (July) 1928.3081

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1880.2503 1741.2682 1786.4219
February 1874.9492 1814.2804 1842.8281
March 1951.2426 1836.6282 1874.9557
April 1963.7102 1927.0188 1944.6403
May 1927.9874 1789.3611 1830.8951
June 2213.0459 1772.6648 1904.6698
July 2275.0460 2182.6204 2228.6928
August 2273.3140 2203.5473 2246.8377
September 2238.7643 2195.7278 2211.4070
October 2217.7155 2160.0219 2176.5183
November 2181.4390 2029.4776 2101.3897
December 2118.7177 2050.5988 2080.9980