YEARLY HIGH
0.0458 MYR
YEARLY LOW
0.0425 MYR
YEARLY AVERAGE
0.0443 MYR

2021 CVE to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CVE to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 0.0458. Conversely, the yearly low was recorded on November 22, dropping to 0.0425.

This high-to-low spread represents a total annual volatility of 0.0033 MYR. From a start-to-finish perspective, comparing the January average rate of 0.0444 to the December average rate of 0.0430, the exchange rate registered a net change of -3.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0458 was up 1.46% compared to the 2020 peak of 0.0452, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 229 MYR
2020 Average 216 MYR
Yearly Trough Low 213 MYR
Transaction Impact: A difference of 16.44 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0455
0.0428
JanuMarcMayJulySeptNove

CVE 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: JanтАУJun) was 0.0446, compared to 0.0440 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0006 points.

H1 Avg (JanтАУJun) 0.0446
H2 Avg (JulтАУDec) 0.0440

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0024 MYR (High: 0.0457 / Low: 0.0433). On the other end, October was the most stable month, with a tight range of 0.0004 MYR (High: 0.0439 / Low: 0.0435).

June Spread (Volatile) ┬▒0.0024
October Spread (Stable) ┬▒0.0004

Growth Streaks & Declines

Trends

Between March and May, 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 September and October, when the average rate fell by 0.0007 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.0452) against the same month in 2020 (average: 0.0428), the exchange rate shifted by +0.0024 (+5.67%).

2021 Avg (May) 0.0452
2020 Avg (May) 0.0428

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Month High Low Average
January 0.0447 0.0441 0.0444
February 0.0444 0.0439 0.0442
March 0.0444 0.0438 0.0442
April 0.0449 0.0439 0.0445
May 0.0458 0.0445 0.0452
June 0.0457 0.0433 0.0449
July 0.0453 0.0444 0.0449
August 0.0453 0.0445 0.0450
September 0.0446 0.0439 0.0444
October 0.0439 0.0435 0.0436
November 0.0437 0.0425 0.0431
December 0.0433 0.0427 0.0430