YEARLY HIGH
32.1473 ISK
YEARLY LOW
24.8121 ISK
YEARLY AVERAGE
29.2091 ISK

2016 MYR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MYR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 32.1473. Conversely, the yearly low was recorded on December 5, dropping to 24.8121.

This high-to-low spread represents a total annual volatility of 7.3352 ISK. From a start-to-finish perspective, comparing the January average rate of 30.0089 to the December average rate of 25.2554, the exchange rate registered a net change of -15.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 32.1473 was down 15.39% compared to the 2015 peak of 37.9958, 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 642,946 ISK
2015 Average 680,143 ISK
Yearly Trough Low 496,242 ISK
Transaction Impact: A difference of 146,703.22 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

32.4302
24.6031
JanuMarcMayJulySeptNove

MYR to ISK 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 30.7373, compared to 27.6809 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.0564 points.

H1 Avg (Jan–Jun) 30.7373
H2 Avg (Jul–Dec) 27.6809

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 2.1372 ISK (High: 31.4106 / Low: 29.2734). On the other end, February was the most stable month, with a tight range of 0.7353 ISK (High: 31.0828 / Low: 30.3475).

January Spread (Volatile) ±2.1372
February Spread (Stable) ±0.7353

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 October and November, when the average rate fell by 1.4821 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.4821

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2016: 31.7779) against the same month in 2015 (average: 37.4852), the exchange rate shifted by -5.7073 (-15.23%).

2016 Avg (April) 31.7779
2015 Avg (April) 37.4852

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 31.4106 29.2734 30.0089
February 31.0828 30.3475 30.6350
March 31.7929 30.5345 31.1633
April 32.1473 31.3360 31.7779
May 31.2685 30.3286 30.5894
June 30.7373 29.8698 30.2491
July 30.8792 29.6075 30.3644
August 29.8429 28.5772 29.3262
September 28.4250 27.6294 27.9462
October 27.6868 26.8963 27.3376
November 26.7487 25.1175 25.8555
December 25.6181 24.8121 25.2554