2024 MYR to AUD Historical Review

YEARLY HIGH

0.3616 AUD

YEARLY LOW

0.3144 AUD

YEARLY AVERAGE

0.3319 AUD

2024 MYR to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MYR to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.3616. Conversely, the yearly low was recorded on July 10, dropping to 0.3144.

This high-to-low spread represents a total annual volatility of 0.0472 AUD. From a start-to-finish perspective, comparing the January average rate of 0.3214 to the December average rate of 0.3545, the exchange rate registered a net change of 10.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3616 was up 6.02% compared to the 2023 peak of 0.3410, 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 7,232 AUD

2023 Average 6,606 AUD

Yearly Trough Low 6,289 AUD

Transaction Impact: A difference of 943.12 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3580

0.3161

JanuMarcMayJulySeptNove

MYR to AUD 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 0.3213, compared to 0.3424 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0210 points.

H1 Avg (Jan–Jun) 0.3213

H2 Avg (Jul–Dec) 0.3424

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0179 AUD (High: 0.3324 / Low: 0.3144). On the other end, October was the most stable month, with a tight range of 0.0035 AUD (High: 0.3490 / Low: 0.3456).

July Spread (Volatile) ±0.0179

October Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

Between June and October, 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 April and May, when the average rate fell by 0.0028 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.3545) against the same month in 2023 (average: 0.3203), the exchange rate shifted by +0.0341 (+10.65%).

2024 Avg (December) 0.3545

2023 Avg (December) 0.3203

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3235	0.3196	0.3214
February	0.3259	0.3180	0.3215
March	0.3254	0.3195	0.3232
April	0.3265	0.3178	0.3226
May	0.3220	0.3171	0.3198
June	0.3239	0.3172	0.3196
July	0.3324	0.3144	0.3200
August	0.3469	0.3364	0.3405
September	0.3550	0.3383	0.3468
October	0.3490	0.3456	0.3471
November	0.3483	0.3409	0.3454
December	0.3616	0.3450	0.3545