2024 MYR to ALL Historical Review

YEARLY HIGH

21.5376 ALL

YEARLY LOW

19.6015 ALL

YEARLY AVERAGE

20.3588 ALL

2024 MYR to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MYR to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 21.5376. Conversely, the yearly low was recorded on June 6, dropping to 19.6015.

This high-to-low spread represents a total annual volatility of 1.9361 ALL. From a start-to-finish perspective, comparing the January average rate of 20.3341 to the December average rate of 21.0350, the exchange rate registered a net change of 3.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 21.5376 was down 14.92% compared to the 2023 peak of 25.3156, 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 430,752 ALL

2023 Average 441,936 ALL

Yearly Trough Low 392,031 ALL

Transaction Impact: A difference of 38,721.10 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

21.2069

19.5823

JanuMarcMayJulySeptNove

MYR to ALL 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 20.0107, compared to 20.7070 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6963 points.

H1 Avg (Jan–Jun) 20.0107

H2 Avg (Jul–Dec) 20.7070

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.8570 ALL (High: 21.5376 / Low: 20.6806). On the other end, May was the most stable month, with a tight range of 0.2047 ALL (High: 19.8485 / Low: 19.6438).

September Spread (Volatile) ±0.8570

May Spread (Stable) ±0.2047

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.3064 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3064

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 21.0105) against the same month in 2023 (average: 21.3874), the exchange rate shifted by -0.3769 (-1.76%).

2024 Avg (September) 21.0105

2023 Avg (September) 21.3874

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.5557	20.1591	20.3341
February	20.4766	19.9949	20.1859
March	20.2882	19.9493	20.1651
April	20.1536	19.6745	19.8587
May	19.8485	19.6438	19.7177
June	19.9018	19.6015	19.8025
July	20.1580	19.6024	19.7523
August	20.9125	20.3006	20.5581
September	21.5376	20.6806	21.0105
October	21.3906	20.6739	21.0716
November	21.0852	20.6270	20.8143
December	21.1760	20.9198	21.0350