2024 ARS to MYR Historical Review

YEARLY HIGH

0.0058 MYR

YEARLY LOW

0.0043 MYR

YEARLY AVERAGE

0.0050 MYR

2024 ARS to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ARS to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.0058. Conversely, the yearly low was recorded on September 30, dropping to 0.0043.

This high-to-low spread represents a total annual volatility of 0.0015 MYR. From a start-to-finish perspective, comparing the January average rate of 0.0057 to the December average rate of 0.0044, the exchange rate registered a net change of -23.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0058 was down 76.88% compared to the 2023 peak of 0.0249, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ARS based on timing:

Yearly Peak High 29 MYR

2023 Average 86 MYR

Yearly Trough Low 21 MYR

Transaction Impact: A difference of 7.53 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0059

0.0042

JanuMarcMayJulySeptNove

ARS to MYR 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 0.0055, compared to 0.0046 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0055

H2 Avg (Jul–Dec) 0.0046

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0004 MYR (High: 0.0049 / Low: 0.0045). On the other end, June was the most stable month, with a tight range of 0.0001 MYR (High: 0.0053 / Low: 0.0052).

August Spread (Volatile) ±0.0004

June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0004 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0057) against the same month in 2023 (average: 0.0238), the exchange rate shifted by -0.0181 (-75.93%).

2024 Avg (January) 0.0057

2023 Avg (January) 0.0238

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0058	0.0057	0.0057
February	0.0058	0.0056	0.0057
March	0.0056	0.0055	0.0055
April	0.0055	0.0054	0.0055
May	0.0055	0.0053	0.0053
June	0.0053	0.0052	0.0052
July	0.0052	0.0049	0.0051
August	0.0049	0.0045	0.0047
September	0.0046	0.0043	0.0044
October	0.0044	0.0043	0.0044
November	0.0045	0.0044	0.0044
December	0.0044	0.0043	0.0044