YEARLY HIGH
0.6654 XCD
YEARLY LOW
0.6009 XCD
YEARLY AVERAGE
0.6289 XCD

2017 MYR to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MYR to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.6654. Conversely, the yearly low was recorded on January 4, dropping to 0.6009.

This high-to-low spread represents a total annual volatility of 0.0645 XCD. From a start-to-finish perspective, comparing the January average rate of 0.6061 to the December average rate of 0.6628, the exchange rate registered a net change of 9.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.6654 was down 4.90% compared to the 2016 peak of 0.6997, 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 13,308 XCD
2016 Average 13,058 XCD
Yearly Trough Low 12,018 XCD
Transaction Impact: A difference of 1,290.50 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.6685
0.6004
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 0.6158, compared to 0.6421 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0263 points.

H1 Avg (Jan–Jun) 0.6158
H2 Avg (Jul–Dec) 0.6421

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0229 XCD (High: 0.6609 / Low: 0.6380). On the other end, July was the most stable month, with a tight range of 0.0032 XCD (High: 0.6318 / Low: 0.6286).

November Spread (Volatile) ±0.0229
July Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between January and June, 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 September and October, when the average rate fell by 0.0023 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.6628) against the same month in 2016 (average: 0.6059), the exchange rate shifted by +0.0569 (+9.40%).

2017 Avg (December) 0.6628
2016 Avg (December) 0.6059

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6102 0.6009 0.6061
February 0.6108 0.6062 0.6084
March 0.6125 0.6056 0.6089
April 0.6226 0.6092 0.6137
May 0.6331 0.6215 0.6260
June 0.6347 0.6286 0.6318
July 0.6318 0.6286 0.6300
August 0.6333 0.6289 0.6309
September 0.6451 0.6328 0.6414
October 0.6413 0.6372 0.6391
November 0.6609 0.6380 0.6483
December 0.6654 0.6608 0.6628