YEARLY HIGH
0.3765 NZD
YEARLY LOW
0.3135 NZD
YEARLY AVERAGE
0.3471 NZD

2016 MYR to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MYR to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 4, valuing the pair at 0.3765. Conversely, the yearly low was recorded on December 13, dropping to 0.3135.

This high-to-low spread represents a total annual volatility of 0.0631 NZD. From a start-to-finish perspective, comparing the January average rate of 0.3529 to the December average rate of 0.3193, the exchange rate registered a net change of -9.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.3765 was down 6.72% compared to the 2015 peak of 0.4037, 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 7,531 NZD
2015 Average 7,360 NZD
Yearly Trough Low 6,269 NZD
Transaction Impact: A difference of 1,261.49 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.3775
0.3140
JanuMarcMayJulySeptNove

MYR to NZD 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 0.3605, compared to 0.3337 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0268 points.

H1 Avg (Jan–Jun) 0.3605
H2 Avg (Jul–Dec) 0.3337

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0329 NZD (High: 0.3725 / Low: 0.3396). On the other end, September was the most stable month, with a tight range of 0.0060 NZD (High: 0.3362 / Low: 0.3302).

January Spread (Volatile) ±0.0329
September Spread (Stable) ±0.0060

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 May and June, when the average rate fell by 0.0159 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0159

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2016: 0.3722) against the same month in 2015 (average: 0.3630), the exchange rate shifted by +0.0092 (+2.55%).

2016 Avg (April) 0.3722
2015 Avg (April) 0.3630

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3725 0.3396 0.3529
February 0.3678 0.3528 0.3607
March 0.3716 0.3589 0.3649
April 0.3765 0.3660 0.3722
May 0.3664 0.3583 0.3641
June 0.3551 0.3425 0.3482
July 0.3580 0.3411 0.3488
August 0.3483 0.3387 0.3438
September 0.3362 0.3302 0.3332
October 0.3389 0.3304 0.3346
November 0.3312 0.3140 0.3224
December 0.3250 0.3135 0.3193