YEARLY HIGH
0.2708 MYR
YEARLY LOW
0.2361 MYR
YEARLY AVERAGE
0.2581 MYR

2024 MDL to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.2708. Conversely, the yearly low was recorded on September 25, dropping to 0.2361.

This high-to-low spread represents a total annual volatility of 0.0347 MYR. From a start-to-finish perspective, comparing the January average rate of 0.2657 to the December average rate of 0.2435, the exchange rate registered a net change of -8.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2708 was up 0.89% compared to the 2023 peak of 0.2684, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,354 MYR
2023 Average 1,261 MYR
Yearly Trough Low 1,181 MYR
Transaction Impact: A difference of 173.35 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2714
0.2404
JanuMarcMayJulySeptNove

MDL 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 0.2671, compared to 0.2490 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0181 points.

H1 Avg (Jan–Jun) 0.2671
H2 Avg (Jul–Dec) 0.2490

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0159 MYR (High: 0.2520 / Low: 0.2361). On the other end, March was the most stable month, with a tight range of 0.0033 MYR (High: 0.2688 / Low: 0.2655).

September Spread (Volatile) ±0.0159
March Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0120 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0120

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.2688) against the same month in 2023 (average: 0.2453), the exchange rate shifted by +0.0235 (+9.59%).

2024 Avg (April) 0.2688
2023 Avg (April) 0.2453

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2686 0.2621 0.2657
February 0.2691 0.2650 0.2678
March 0.2688 0.2655 0.2673
April 0.2708 0.2671 0.2688
May 0.2705 0.2643 0.2671
June 0.2678 0.2638 0.2659
July 0.2663 0.2606 0.2644
August 0.2577 0.2474 0.2525
September 0.2520 0.2361 0.2451
October 0.2456 0.2395 0.2430
November 0.2486 0.2429 0.2456
December 0.2457 0.2407 0.2435