2024 BTN to MYR Historical Review

YEARLY HIGH

0.0579 MYR

YEARLY LOW

0.0493 MYR

YEARLY AVERAGE

0.0547 MYR

2024 BTN to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BTN to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 0.0579. Conversely, the yearly low was recorded on September 29, dropping to 0.0493.

This high-to-low spread represents a total annual volatility of 0.0086 MYR. From a start-to-finish perspective, comparing the January average rate of 0.0563 to the December average rate of 0.0525, the exchange rate registered a net change of -6.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0579 was up 0.37% compared to the 2023 peak of 0.0576, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 289 MYR

2023 Average 276 MYR

Yearly Trough Low 246 MYR

Transaction Impact: A difference of 43.00 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0581

0.0502

JanuMarcMayJulySeptNove

BTN 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 0.0568, compared to 0.0526 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.0568

H2 Avg (Jul–Dec) 0.0526

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0033 MYR (High: 0.0546 / Low: 0.0513). On the other end, April was the most stable month, with a tight range of 0.0007 MYR (High: 0.0574 / Low: 0.0568).

August Spread (Volatile) ±0.0033

April Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between September and November, 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 July and August, when the average rate fell by 0.0034 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0574) against the same month in 2023 (average: 0.0529), the exchange rate shifted by +0.0046 (+8.67%).

2024 Avg (February) 0.0574

2023 Avg (February) 0.0529

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0571	0.0548	0.0563
February	0.0579	0.0564	0.0574
March	0.0574	0.0565	0.0569
April	0.0574	0.0568	0.0572
May	0.0570	0.0561	0.0566
June	0.0567	0.0559	0.0564
July	0.0565	0.0549	0.0560
August	0.0546	0.0513	0.0527
September	0.0520	0.0493	0.0508
October	0.0521	0.0497	0.0511
November	0.0533	0.0516	0.0526
December	0.0532	0.0521	0.0525