YEARLY HIGH
0.0759 KWD
YEARLY LOW
0.0709 KWD
YEARLY AVERAGE
0.0728 KWD

2021 MYR to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MYR to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.0759. Conversely, the yearly low was recorded on August 16, dropping to 0.0709.

This high-to-low spread represents a total annual volatility of 0.0050 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0751 to the December average rate of 0.0719, the exchange rate registered a net change of -4.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0759 was up 0.66% compared to the 2020 peak of 0.0754, 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 1,518 KWD
2020 Average 1,461 KWD
Yearly Trough Low 1,419 KWD
Transaction Impact: A difference of 99.39 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0755
0.0709
JanuMarcMayJulySeptNove

MYR to KWD 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 0.0737, compared to 0.0720 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.0737
H2 Avg (Jul–Dec) 0.0720

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0019 KWD (High: 0.0747 / Low: 0.0728). On the other end, April was the most stable month, with a tight range of 0.0006 KWD (High: 0.0735 / Low: 0.0729).

March Spread (Volatile) ±0.0019
April Spread (Stable) ±0.0006

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 February and March, when the average rate fell by 0.0012 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0751) against the same month in 2020 (average: 0.0744), the exchange rate shifted by +0.0007 (+0.88%).

2021 Avg (January) 0.0751
2020 Avg (January) 0.0744

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0759 0.0747 0.0751
February 0.0751 0.0744 0.0748
March 0.0747 0.0728 0.0736
April 0.0735 0.0729 0.0731
May 0.0735 0.0725 0.0729
June 0.0732 0.0724 0.0728
July 0.0725 0.0710 0.0716
August 0.0723 0.0709 0.0713
September 0.0726 0.0718 0.0722
October 0.0729 0.0720 0.0724
November 0.0727 0.0714 0.0723
December 0.0725 0.0715 0.0719