2018 MYR to XOF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 MYR to XOF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the MYR to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 29, valuing the pair at 142.7221. Conversely, the yearly low was recorded on February 1, dropping to 134.4045.
This high-to-low spread represents a total annual volatility of 8.3176 XOF. From a start-to-finish perspective, comparing the January average rate of 135.9544 to the December average rate of 138.1921, the exchange rate registered a net change of 1.65% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 142.7221 was up 1.51% compared to the 2017 peak of 140.5998, indicating shifts in long-term support levels.
Comparing the value generated converting 20,000 MYR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
MYR to XOF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 137.6092, compared to 137.8137 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2045 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was May, with a trading range of 5.8752 XOF (High: 142.7221 / Low: 136.8469). On the other end, July was the most stable month, with a tight range of 1.8933 XOF (High: 139.4528 / Low: 137.5595).
Growth Streaks & Declines
TrendsBetween February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 2.8349 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2018: 139.7454) against the same month in 2017 (average: 137.5576), the exchange rate shifted by +2.1877 (+1.59%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 137.1210 | 134.4710 | 135.9544 |
| February | 137.3410 | 134.4045 | 135.7851 |
| March | 138.1272 | 135.3015 | 136.2168 |
| April | 138.5036 | 136.2720 | 137.4616 |
| May | 142.7221 | 136.8469 | 139.7454 |
| June | 142.3275 | 139.0302 | 140.4918 |
| July | 139.4528 | 137.5595 | 138.5572 |
| August | 141.0496 | 135.7504 | 138.8648 |
| September | 137.3732 | 134.5878 | 136.0299 |
| October | 138.5446 | 136.1046 | 137.2717 |
| November | 139.6619 | 136.6770 | 137.9666 |
| December | 139.4358 | 136.5705 | 138.1921 |