YEARLY HIGH
0.0452 MYR
YEARLY LOW
0.0170 MYR
YEARLY AVERAGE
0.0432 MYR

2020 CVE to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CVE to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 0.0452. Conversely, the yearly low was recorded on March 18, dropping to 0.0170.

This high-to-low spread represents a total annual volatility of 0.0282 MYR. From a start-to-finish perspective, comparing the January average rate of 0.0409 to the December average rate of 0.0446, the exchange rate registered a net change of 9.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0452 was up 5.32% compared to the 2019 peak of 0.0429, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 226 MYR
2019 Average 210 MYR
Yearly Trough Low 85 MYR
Transaction Impact: A difference of 140.99 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0453
0.0405
JanuMarcMayJulySeptNove

CVE 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 0.0421, compared to 0.0443 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0421
H2 Avg (Jul–Dec) 0.0443

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0268 MYR (High: 0.0437 / Low: 0.0170). On the other end, December was the most stable month, with a tight range of 0.0005 MYR (High: 0.0448 / Low: 0.0443).

March Spread (Volatile) ±0.0268
December Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0006 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2020: 0.0440) against the same month in 2019 (average: 0.0419), the exchange rate shifted by +0.0022 (+5.16%).

2020 Avg (July) 0.0440
2019 Avg (July) 0.0419

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0415 0.0405 0.0409
February 0.0418 0.0405 0.0410
March 0.0437 0.0170 0.0420
April 0.0431 0.0423 0.0427
May 0.0437 0.0421 0.0428
June 0.0437 0.0431 0.0434
July 0.0452 0.0424 0.0440
August 0.0452 0.0444 0.0449
September 0.0448 0.0437 0.0442
October 0.0445 0.0439 0.0441
November 0.0442 0.0437 0.0439
December 0.0448 0.0443 0.0446