2016 MYR to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 MYR to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the MYR to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 19, valuing the pair at 7828.4627. Conversely, the yearly low was recorded on December 30, dropping to 6703.9423.
This high-to-low spread represents a total annual volatility of 1124.5204 IRR. From a start-to-finish perspective, comparing the January average rate of 6927.9257 to the December average rate of 6745.1013, the exchange rate registered a net change of -2.64% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 7828.4627 was down 1.86% compared to the 2015 peak of 7977.0133, indicating shifts in long-term support levels.
Comparing the value generated converting 20,000 MYR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
MYR to IRR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 7379.2875, compared to 7195.5366 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 183.7510 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was March, with a trading range of 502.4294 IRR (High: 7764.0170 / Low: 7261.5876). On the other end, December was the most stable month, with a tight range of 100.5902 IRR (High: 6804.5325 / Low: 6703.9423).
Growth Streaks & Declines
TrendsBetween 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 October and November, when the average rate fell by 277.1563 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2016: 7753.7307) against the same month in 2015 (average: 7752.9890), the exchange rate shifted by +0.7417 (+0.01%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 7236.9898 | 6788.6329 | 6927.9257 |
| February | 7311.0627 | 7130.5064 | 7221.8686 |
| March | 7764.0170 | 7261.5876 | 7441.4924 |
| April | 7828.4627 | 7687.6274 | 7753.7307 |
| May | 7726.5820 | 7358.7771 | 7491.0790 |
| June | 7616.8046 | 7305.2899 | 7439.6288 |
| July | 7629.2129 | 7379.1667 | 7505.5150 |
| August | 7536.8023 | 7380.0285 | 7469.6636 |
| September | 7415.2046 | 7270.0444 | 7320.5136 |
| October | 7307.0025 | 7131.2689 | 7204.7911 |
| November | 7187.0957 | 6732.9579 | 6927.6348 |
| December | 6804.5325 | 6703.9423 | 6745.1013 |