YEARLY HIGH
0.6997 XCD
YEARLY LOW
0.6024 XCD
YEARLY AVERAGE
0.6529 XCD

2016 MYR to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MYR to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 12, valuing the pair at 0.6997. Conversely, the yearly low was recorded on December 31, dropping to 0.6024.

This high-to-low spread represents a total annual volatility of 0.0973 XCD. From a start-to-finish perspective, comparing the January average rate of 0.6237 to the December average rate of 0.6059, the exchange rate registered a net change of -2.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.6997 was down 8.94% compared to the 2015 peak of 0.7684, 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 13,995 XCD
2015 Average 13,918 XCD
Yearly Trough Low 12,049 XCD
Transaction Impact: A difference of 1,946.09 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.7018
0.5972
JanuMarcMayJulySeptNove

MYR to XCD 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 0.6600, compared to 0.6458 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0142 points.

H1 Avg (Jan–Jun) 0.6600
H2 Avg (Jul–Dec) 0.6458

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0445 XCD (High: 0.6938 / Low: 0.6493). On the other end, December was the most stable month, with a tight range of 0.0100 XCD (High: 0.6124 / Low: 0.6024).

March Spread (Volatile) ±0.0445
December Spread (Stable) ±0.0100

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 0.0251 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0251

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2016: 0.6931) against the same month in 2015 (average: 0.7443), the exchange rate shifted by -0.0512 (-6.88%).

2016 Avg (April) 0.6931
2015 Avg (April) 0.7443

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6518 0.6113 0.6237
February 0.6540 0.6405 0.6465
March 0.6938 0.6493 0.6650
April 0.6997 0.6873 0.6931
May 0.6904 0.6563 0.6688
June 0.6781 0.6515 0.6631
July 0.6853 0.6631 0.6728
August 0.6766 0.6621 0.6705
September 0.6653 0.6524 0.6569
October 0.6559 0.6402 0.6469
November 0.6449 0.6048 0.6218
December 0.6124 0.6024 0.6059