2024 MYR to BBD Historical Review

YEARLY HIGH

0.4853 BBD

YEARLY LOW

0.4168 BBD

YEARLY AVERAGE

0.4379 BBD

2024 MYR to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MYR to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 0.4853. Conversely, the yearly low was recorded on February 20, dropping to 0.4168.

This high-to-low spread represents a total annual volatility of 0.0685 BBD. From a start-to-finish perspective, comparing the January average rate of 0.4272 to the December average rate of 0.4483, the exchange rate registered a net change of 4.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4853 was up 2.97% compared to the 2023 peak of 0.4713, 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 9,705 BBD

2023 Average 8,779 BBD

Yearly Trough Low 8,335 BBD

Transaction Impact: A difference of 1,369.77 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4747

0.4146

JanuMarcMayJulySeptNove

MYR to BBD 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 0.4232, compared to 0.4525 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0294 points.

H1 Avg (Jan–Jun) 0.4232

H2 Avg (Jul–Dec) 0.4525

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0273 BBD (High: 0.4853 / Low: 0.4579). On the other end, June was the most stable month, with a tight range of 0.0027 BBD (High: 0.4263 / Low: 0.4236).

September Spread (Volatile) ±0.0273

June Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0142 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0142

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.4697) against the same month in 2023 (average: 0.4273), the exchange rate shifted by +0.0424 (+9.93%).

2024 Avg (September) 0.4697

2023 Avg (September) 0.4273

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4353	0.4227	0.4272
February	0.4240	0.4168	0.4196
March	0.4276	0.4215	0.4239
April	0.4229	0.4173	0.4197
May	0.4270	0.4191	0.4240
June	0.4263	0.4236	0.4246
July	0.4353	0.4238	0.4272
August	0.4639	0.4377	0.4531
September	0.4853	0.4579	0.4697
October	0.4802	0.4567	0.4655
November	0.4608	0.4462	0.4513
December	0.4525	0.4437	0.4483