YEARLY HIGH
56.8335 SYP
YEARLY LOW
47.5478 SYP
YEARLY AVERAGE
52.4643 SYP

2016 MYR to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MYR to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 19, valuing the pair at 56.8335. Conversely, the yearly low was recorded on December 31, dropping to 47.5478.

This high-to-low spread represents a total annual volatility of 9.2858 SYP. From a start-to-finish perspective, comparing the January average rate of 50.8052 to the December average rate of 47.8934, the exchange rate registered a net change of -5.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 56.8335 was down 7.35% compared to the 2015 peak of 61.3429, 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 1,136,671 SYP
2015 Average 1,002,733 SYP
Yearly Trough Low 950,955 SYP
Transaction Impact: A difference of 185,715.41 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

57.1363
47.0531
JanuMarcMayJulySeptNove

MYR to SYP 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 53.6366, compared to 51.2919 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.3447 points.

H1 Avg (Jan–Jun) 53.6366
H2 Avg (Jul–Dec) 51.2919

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 3.5694 SYP (High: 56.4144 / Low: 52.8451). On the other end, December was the most stable month, with a tight range of 0.8190 SYP (High: 48.3668 / Low: 47.5478).

March Spread (Volatile) ±3.5694
December Spread (Stable) ±0.8190

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 2.0103 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.0103

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2016: 56.2961) against the same month in 2015 (average: 58.1211), the exchange rate shifted by -1.8250 (-3.14%).

2016 Avg (April) 56.2961
2015 Avg (April) 58.1211

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 53.0626 49.7681 50.8052
February 53.2392 52.1337 52.6102
March 56.4144 52.8451 54.1019
April 56.8335 55.8205 56.2961
May 56.0609 53.2359 54.2965
June 54.9161 52.8403 53.7098
July 54.7718 52.9178 53.7877
August 53.8801 52.6172 53.3903
September 52.8444 51.7702 52.1447
October 52.0071 50.7581 51.2729
November 51.1328 47.8485 49.2626
December 48.3668 47.5478 47.8934