YEARLY HIGH
0.6276 MYR
YEARLY LOW
0.5861 MYR
YEARLY AVERAGE
0.6088 MYR

2020 CNY to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CNY to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.6276. Conversely, the yearly low was recorded on January 26, dropping to 0.5861.

This high-to-low spread represents a total annual volatility of 0.0415 MYR. From a start-to-finish perspective, comparing the January average rate of 0.5890 to the December average rate of 0.6202, the exchange rate registered a net change of 5.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.6276 was up 1.29% compared to the 2019 peak of 0.6196, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 15,690 MYR
2019 Average 14,991 MYR
Yearly Trough Low 14,652 MYR
Transaction Impact: A difference of 1,037.67 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.6259
0.5856
JanuMarcMayJulySeptNove

CNY 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 0.6040, compared to 0.6137 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0096 points.

H1 Avg (Jan–Jun) 0.6040
H2 Avg (Jul–Dec) 0.6137

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0274 MYR (High: 0.6273 / Low: 0.5999). On the other end, January was the most stable month, with a tight range of 0.0051 MYR (High: 0.5912 / Low: 0.5861).

March Spread (Volatile) ±0.0274
January Spread (Stable) ±0.0051

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0073 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0073

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.6226) against the same month in 2019 (average: 0.5921), the exchange rate shifted by +0.0305 (+5.15%).

2020 Avg (November) 0.6226
2019 Avg (November) 0.5921

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5912 0.5861 0.5890
February 0.6026 0.5864 0.5945
March 0.6273 0.5999 0.6113
April 0.6216 0.6086 0.6151
May 0.6130 0.6068 0.6108
June 0.6065 0.5983 0.6035
July 0.6106 0.6049 0.6084
August 0.6089 0.6010 0.6043
September 0.6124 0.6058 0.6090
October 0.6230 0.6112 0.6175
November 0.6276 0.6186 0.6226
December 0.6236 0.6172 0.6202