YEARLY HIGH
2.5815 VEF
YEARLY LOW
1.4304 VEF
YEARLY AVERAGE
2.1934 VEF

2016 MYR to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MYR to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 12, valuing the pair at 2.5815. Conversely, the yearly low was recorded on January 17, dropping to 1.4304.

This high-to-low spread represents a total annual volatility of 1.1511 VEF. From a start-to-finish perspective, comparing the January average rate of 1.4594 to the December average rate of 2.2400, the exchange rate registered a net change of 53.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.5815 was up 43.70% compared to the 2015 peak of 1.7964, 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 51,630 VEF
2015 Average 32,555 VEF
Yearly Trough Low 28,608 VEF
Transaction Impact: A difference of 23,021.69 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.6671
1.3496
JanuMarcMayJulySeptNove

MYR to VEF 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 2.0000, compared to 2.3869 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3869 points.

H1 Avg (Jan–Jun) 2.0000
H2 Avg (Jul–Dec) 2.3869

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.1495 VEF (High: 2.3835 / Low: 2.2340). On the other end, December was the most stable month, with a tight range of 0.0320 VEF (High: 2.2600 / Low: 2.2280).

November Spread (Volatile) ±0.1495
December Spread (Stable) ±0.0320

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 0.0922 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0922

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2016: 2.5573) against the same month in 2015 (average: 1.7409), the exchange rate shifted by +0.8164 (+46.89%).

2016 Avg (April) 2.5573
2015 Avg (April) 1.7409

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5248 1.4304 1.4594
February 1.5305 1.4979 1.5126
March 1.6198 1.5194 1.5571
April 2.5815 2.5353 2.5573
May 2.5473 2.4210 2.4674
June 2.5015 2.4032 2.4462
July 2.5295 2.4481 2.4860
August 2.5012 2.4472 2.4782
September 2.4591 2.4114 2.4284
October 2.4245 2.3665 2.3904
November 2.3835 2.2340 2.2982
December 2.2600 2.2280 2.2400