YEARLY HIGH
0.7007 XCD
YEARLY LOW
0.6435 XCD
YEARLY AVERAGE
0.6702 XCD

2018 MYR to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MYR to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 0.7007. Conversely, the yearly low was recorded on November 28, dropping to 0.6435.

This high-to-low spread represents a total annual volatility of 0.0572 XCD. From a start-to-finish perspective, comparing the January average rate of 0.6834 to the December average rate of 0.6478, the exchange rate registered a net change of -5.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.7007 was up 5.30% compared to the 2017 peak of 0.6654, 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 14,014 XCD
2017 Average 12,581 XCD
Yearly Trough Low 12,869 XCD
Transaction Impact: A difference of 1,144.53 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.7001
0.6412
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 0.6863, compared to 0.6541 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0323 points.

H1 Avg (Jan–Jun) 0.6863
H2 Avg (Jul–Dec) 0.6541

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0321 XCD (High: 0.6975 / Low: 0.6654). On the other end, September was the most stable month, with a tight range of 0.0057 XCD (High: 0.6564 / Low: 0.6507).

January Spread (Volatile) ±0.0321
September Spread (Stable) ±0.0057

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 0.0146 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0146

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 0.6922) against the same month in 2017 (average: 0.6089), the exchange rate shifted by +0.0834 (+13.69%).

2018 Avg (March) 0.6922
2017 Avg (March) 0.6089

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6975 0.6654 0.6834
February 0.6952 0.6830 0.6907
March 0.7007 0.6876 0.6922
April 0.6998 0.6891 0.6952
May 0.6892 0.6680 0.6806
June 0.6803 0.6684 0.6759
July 0.6718 0.6648 0.6676
August 0.6646 0.6549 0.6602
September 0.6564 0.6507 0.6530
October 0.6528 0.6458 0.6497
November 0.6510 0.6435 0.6461
December 0.6540 0.6443 0.6478