2016 MYR to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 MYR to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the MYR to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 314.0618. Conversely, the yearly low was recorded on June 27, dropping to 285.9859.
This high-to-low spread represents a total annual volatility of 28.0759 MMK. From a start-to-finish perspective, comparing the January average rate of 300.0771 to the December average rate of 302.7072, the exchange rate registered a net change of 0.88% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 314.0618 was up 1.93% compared to the 2015 peak of 308.1263, 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 MMK 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 297.0985, compared to 299.2483 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.1497 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was January, with a trading range of 21.0628 MMK (High: 314.0618 / Low: 292.9990). On the other end, August was the most stable month, with a tight range of 8.3606 MMK (High: 300.6830 / Low: 292.3225).
Growth Streaks & Declines
TrendsBetween May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 13.1095 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 300.0771) against the same month in 2015 (average: 287.6996), the exchange rate shifted by +12.3775 (+4.30%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 314.0618 | 292.9990 | 300.0771 |
| February | 311.8755 | 292.7336 | 298.3461 |
| March | 309.9699 | 292.5021 | 299.4553 |
| April | 312.0624 | 297.0566 | 303.3089 |
| May | 298.3647 | 286.3886 | 290.1994 |
| June | 298.7417 | 285.9859 | 291.2045 |
| July | 299.1903 | 289.3304 | 293.4868 |
| August | 300.6830 | 292.3225 | 296.3533 |
| September | 304.7121 | 294.4515 | 299.1090 |
| October | 309.5171 | 298.2448 | 305.0393 |
| November | 307.6855 | 293.9832 | 298.7940 |
| December | 309.6200 | 294.5248 | 302.7072 |