YEARLY HIGH
1.9351 HKD
YEARLY LOW
1.8350 HKD
YEARLY AVERAGE
1.8762 HKD

2021 MYR to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MYR to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 1.9351. Conversely, the yearly low was recorded on July 29, dropping to 1.8350.

This high-to-low spread represents a total annual volatility of 0.1001 HKD. From a start-to-finish perspective, comparing the January average rate of 1.9197 to the December average rate of 1.8517, the exchange rate registered a net change of -3.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.9351 was up 0.77% compared to the 2020 peak of 1.9203, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 38,703 HKD
2020 Average 36,944 HKD
Yearly Trough Low 36,700 HKD
Transaction Impact: A difference of 2,002.46 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.9272
1.8372
JanuMarcMayJulySeptNove

MYR to HKD 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 1.8947, compared to 1.8577 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0371 points.

H1 Avg (Jan–Jun) 1.8947
H2 Avg (Jul–Dec) 1.8577

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0406 HKD (High: 1.9137 / Low: 1.8732). On the other end, February was the most stable month, with a tight range of 0.0191 HKD (High: 1.9237 / Low: 1.9046).

March Spread (Volatile) ±0.0406
February Spread (Stable) ±0.0191

Growth Streaks & Declines

Trends

Between August and October, 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 June and July, when the average rate fell by 0.0283 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0283

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1.9197) against the same month in 2020 (average: 1.9061), the exchange rate shifted by +0.0135 (+0.71%).

2021 Avg (January) 1.9197
2020 Avg (January) 1.9061

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9351 1.9123 1.9197
February 1.9237 1.9046 1.9156
March 1.9137 1.8732 1.8890
April 1.8966 1.8757 1.8842
May 1.8965 1.8720 1.8821
June 1.8893 1.8664 1.8777
July 1.8691 1.8350 1.8494
August 1.8733 1.8366 1.8447
September 1.8804 1.8571 1.8678
October 1.8789 1.8596 1.8687
November 1.8774 1.8396 1.8637
December 1.8682 1.8421 1.8517