YEARLY HIGH
2.4612 MYR
YEARLY LOW
2.2597 MYR
YEARLY AVERAGE
2.3668 MYR

2022 BGN to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BGN to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 2.4612. Conversely, the yearly low was recorded on September 27, dropping to 2.2597.

This high-to-low spread represents a total annual volatility of 0.2016 MYR. From a start-to-finish perspective, comparing the January average rate of 2.4245 to the December average rate of 2.3874, the exchange rate registered a net change of -1.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.4612 was down 5.15% compared to the 2021 peak of 2.5949, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,306 MYR
2021 Average 12,530 MYR
Yearly Trough Low 11,298 MYR
Transaction Impact: A difference of 1,007.82 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.4426
2.2872
JanuMarcMayJulySeptNove

BGN 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 2.3870, compared to 2.3466 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0404 points.

H1 Avg (Jan–Jun) 2.3870
H2 Avg (Jul–Dec) 2.3466

Volatility Range Comparison

Volatility

The most volatile month in 2022 was October, with a trading range of 0.1296 MYR (High: 2.4368 / Low: 2.3072). On the other end, February was the most stable month, with a tight range of 0.0419 MYR (High: 2.4469 / Low: 2.4050).

October Spread (Volatile) ±0.1296
February Spread (Stable) ±0.0419

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0669 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0669

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 2.4095) against the same month in 2021 (average: 2.4382), the exchange rate shifted by -0.0287 (-1.18%).

2022 Avg (November) 2.4095
2021 Avg (November) 2.4382

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4485 2.3877 2.4245
February 2.4469 2.4050 2.4297
March 2.3991 2.3186 2.3628
April 2.3884 2.3419 2.3595
May 2.4136 2.3292 2.3682
June 2.4118 2.3506 2.3774
July 2.3499 2.2724 2.3130
August 2.3474 2.2767 2.3096
September 2.3329 2.2597 2.3002
October 2.4368 2.3072 2.3599
November 2.4612 2.3639 2.4095
December 2.4129 2.3428 2.3874