YEARLY HIGH
974.6747 MGA
YEARLY LOW
897.6606 MGA
YEARLY AVERAGE
929.8643 MGA

2021 MYR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MYR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 974.6747. Conversely, the yearly low was recorded on August 3, dropping to 897.6606.

This high-to-low spread represents a total annual volatility of 77.0141 MGA. From a start-to-finish perspective, comparing the January average rate of 942.8430 to the December average rate of 941.9289, the exchange rate registered a net change of -0.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 974.6747 was up 0.36% compared to the 2020 peak of 971.1350, 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 19,493,493 MGA
2020 Average 18,146,854 MGA
Yearly Trough Low 17,953,211 MGA
Transaction Impact: A difference of 1,540,281.79 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

955.8716
907.4406
JanuMarcMayJulySeptNove

MYR to MGA 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 922.5583, compared to 937.1703 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 14.6121 points.

H1 Avg (Jan–Jun) 922.5583
H2 Avg (Jul–Dec) 937.1703

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 46.6782 MGA (High: 944.5148 / Low: 897.8366). On the other end, April was the most stable month, with a tight range of 11.9508 MGA (High: 925.9537 / Low: 914.0030).

July Spread (Volatile) ±46.6782
April Spread (Stable) ±11.9508

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 13.2850 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -13.2850

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 942.8430) against the same month in 2020 (average: 902.6246), the exchange rate shifted by +40.2185 (+4.46%).

2021 Avg (January) 942.8430
2020 Avg (January) 902.6246

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 974.6747 931.2039 942.8430
February 937.2685 912.5569 929.5581
March 927.5771 912.4240 918.0161
April 925.9537 914.0030 918.9689
May 931.8159 905.0408 911.4766
June 938.4172 906.7633 914.4869
July 944.5148 897.8366 913.7310
August 943.6130 897.6606 922.0428
September 949.4220 935.5148 943.1826
October 959.9169 936.4528 950.3010
November 958.5713 939.9031 951.8357
December 951.2200 927.7904 941.9289