YEARLY HIGH
0.9910 MYR
YEARLY LOW
0.8693 MYR
YEARLY AVERAGE
0.9472 MYR

2024 LYD to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LYD to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 0.9910. Conversely, the yearly low was recorded on September 29, dropping to 0.8693.

This high-to-low spread represents a total annual volatility of 0.1217 MYR. From a start-to-finish perspective, comparing the January average rate of 0.9745 to the December average rate of 0.9118, the exchange rate registered a net change of -6.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9910 was up 1.01% compared to the 2023 peak of 0.9811, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,955 MYR
2023 Average 4,741 MYR
Yearly Trough Low 4,346 MYR
Transaction Impact: A difference of 608.58 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9940
0.8864
JanuMarcMayJulySeptNove

LYD 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 0.9773, compared to 0.9170 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0603 points.

H1 Avg (Jan–Jun) 0.9773
H2 Avg (Jul–Dec) 0.9170

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0479 MYR (High: 0.9172 / Low: 0.8693). On the other end, April was the most stable month, with a tight range of 0.0116 MYR (High: 0.9890 / Low: 0.9774).

September Spread (Volatile) ±0.0479
April Spread (Stable) ±0.0116

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0447 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0447

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.9850) against the same month in 2023 (average: 0.9105), the exchange rate shifted by +0.0745 (+8.19%).

2024 Avg (February) 0.9850
2023 Avg (February) 0.9105

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9827 0.9616 0.9745
February 0.9910 0.9682 0.9850
March 0.9885 0.9730 0.9787
April 0.9890 0.9774 0.9823
May 0.9792 0.9665 0.9722
June 0.9772 0.9653 0.9713
July 0.9721 0.9509 0.9664
August 0.9459 0.9063 0.9218
September 0.9172 0.8693 0.8953
October 0.9072 0.8800 0.8957
November 0.9192 0.8992 0.9113
December 0.9214 0.9051 0.9118