YEARLY HIGH
0.3595 NZD
YEARLY LOW
0.3085 NZD
YEARLY AVERAGE
0.3276 NZD

2017 MYR to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MYR to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 0.3595. Conversely, the yearly low was recorded on February 6, dropping to 0.3085.

This high-to-low spread represents a total annual volatility of 0.0509 NZD. From a start-to-finish perspective, comparing the January average rate of 0.3150 to the December average rate of 0.3520, the exchange rate registered a net change of 11.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.3595 was down 4.54% compared to the 2016 peak of 0.3765, 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 7,189 NZD
2016 Average 6,941 NZD
Yearly Trough Low 6,170 NZD
Transaction Impact: A difference of 1,018.75 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.3561
0.3078
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 0.3219, compared to 0.3332 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0114 points.

H1 Avg (Jan–Jun) 0.3219
H2 Avg (Jul–Dec) 0.3332

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0180 NZD (High: 0.3580 / Low: 0.3400). On the other end, February was the most stable month, with a tight range of 0.0055 NZD (High: 0.3140 / Low: 0.3085).

November Spread (Volatile) ±0.0180
February Spread (Stable) ±0.0055

Growth Streaks & Declines

Trends

Between July and December, 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 May and June, when the average rate fell by 0.0099 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0099

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.3520) against the same month in 2016 (average: 0.3193), the exchange rate shifted by +0.0327 (+10.26%).

2017 Avg (December) 0.3520
2016 Avg (December) 0.3193

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3217 0.3087 0.3150
February 0.3140 0.3085 0.3118
March 0.3250 0.3159 0.3217
April 0.3355 0.3218 0.3256
May 0.3371 0.3291 0.3335
June 0.3303 0.3175 0.3236
July 0.3222 0.3101 0.3164
August 0.3262 0.3138 0.3195
September 0.3300 0.3236 0.3274
October 0.3451 0.3281 0.3357
November 0.3580 0.3400 0.3484
December 0.3595 0.3466 0.3520