YEARLY HIGH
0.3497 SGD
YEARLY LOW
0.3190 SGD
YEARLY AVERAGE
0.3335 SGD

2016 MYR to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MYR to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 0.3497. Conversely, the yearly low was recorded on December 3, dropping to 0.3190.

This high-to-low spread represents a total annual volatility of 0.0307 SGD. From a start-to-finish perspective, comparing the January average rate of 0.3306 to the December average rate of 0.3222, the exchange rate registered a net change of -2.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.3497 was down 8.17% compared to the 2015 peak of 0.3808, 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 6,994 SGD
2015 Average 7,072 SGD
Yearly Trough Low 6,380 SGD
Transaction Impact: A difference of 613.85 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.3487
0.3198
JanuMarcMayJulySeptNove

MYR to SGD 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 0.3370, compared to 0.3301 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0069 points.

H1 Avg (Jan–Jun) 0.3370
H2 Avg (Jul–Dec) 0.3301

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0182 SGD (High: 0.3437 / Low: 0.3255). On the other end, September was the most stable month, with a tight range of 0.0046 SGD (High: 0.3335 / Low: 0.3289).

January Spread (Volatile) ±0.0182
September Spread (Stable) ±0.0046

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 0.0073 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0073

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2016: 0.3463) against the same month in 2015 (average: 0.3717), the exchange rate shifted by -0.0254 (-6.84%).

2016 Avg (April) 0.3463
2015 Avg (April) 0.3717

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3437 0.3255 0.3306
February 0.3421 0.3328 0.3362
March 0.3465 0.3326 0.3377
April 0.3497 0.3434 0.3463
May 0.3434 0.3346 0.3390
June 0.3366 0.3292 0.3321
July 0.3409 0.3320 0.3361
August 0.3372 0.3313 0.3349
September 0.3335 0.3289 0.3309
October 0.3343 0.3289 0.3314
November 0.3317 0.3193 0.3250
December 0.3237 0.3190 0.3222