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2021 MYR to SCR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MYR to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 5.3811. Conversely, the yearly low was recorded on November 27, dropping to 3.0174.
This high-to-low spread represents a total annual volatility of 2.3637 SCR. From a start-to-finish perspective, comparing the January average rate of 5.2565 to the December average rate of 3.1985, the exchange rate registered a net change of -39.15% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 5.3811 was up 2.45% compared to the 2020 peak of 5.2526, indicating shifts in long-term support levels.
Comparing the value generated converting 20,000 MYR based on timing:
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MYR to SCR 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: JanâJun) was 4.5413, compared to 3.2799 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 1.2614 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was April, with a trading range of 1.6392 SCR (High: 5.0242 / Low: 3.3849). On the other end, January was the most stable month, with a tight range of 0.1520 SCR (High: 5.3811 / Low: 5.2292).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.1302 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2021: 5.2565) against the same month in 2020 (average: 3.3504), the exchange rate shifted by +1.9062 (+56.89%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 5.3811 | 5.2292 | 5.2565 |
| February | 5.3233 | 5.1461 | 5.2306 |
| March | 5.2318 | 4.9156 | 5.1494 |
| April | 5.0242 | 3.3849 | 4.0192 |
| May | 3.9913 | 3.5755 | 3.8210 |
| June | 4.0162 | 3.5472 | 3.7709 |
| July | 3.9083 | 3.2038 | 3.5212 |
| August | 3.6314 | 3.0366 | 3.2554 |
| September | 3.3571 | 3.0680 | 3.1516 |
| October | 3.6033 | 3.0849 | 3.3207 |
| November | 3.5674 | 3.0174 | 3.2319 |
| December | 3.5393 | 3.0237 | 3.1985 |