2024 MYR to BTN Historical Review

YEARLY HIGH

20.3007 BTN

YEARLY LOW

17.2831 BTN

YEARLY AVERAGE

18.3166 BTN

2024 MYR to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MYR to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 20.3007. Conversely, the yearly low was recorded on February 20, dropping to 17.2831.

This high-to-low spread represents a total annual volatility of 3.0176 BTN. From a start-to-finish perspective, comparing the January average rate of 17.7494 to the December average rate of 19.0427, the exchange rate registered a net change of 7.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 20.3007 was up 4.66% compared to the 2023 peak of 19.3963, 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 406,015 BTN

2023 Average 362,296 BTN

Yearly Trough Low 345,662 BTN

Transaction Impact: A difference of 60,352.06 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

19.9111

17.1839

JanuMarcMayJulySeptNove

MYR to BTN 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 17.6053, compared to 19.0280 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4227 points.

H1 Avg (Jan–Jun) 17.6053

H2 Avg (Jul–Dec) 19.0280

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 1.1860 BTN (High: 19.4992 / Low: 18.3132). On the other end, April was the most stable month, with a tight range of 0.2094 BTN (High: 17.6176 / Low: 17.4082).

August Spread (Volatile) ±1.1860

April Spread (Stable) ±0.2094

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 0.5383 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.5383

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 19.6838) against the same month in 2023 (average: 17.7341), the exchange rate shifted by +1.9497 (+10.99%).

2024 Avg (September) 19.6838

2023 Avg (September) 17.7341

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.2526	17.5270	17.7494
February	17.7324	17.2831	17.4111
March	17.6923	17.4102	17.5870
April	17.6176	17.4082	17.4915
May	17.8209	17.5443	17.6712
June	17.9021	17.6461	17.7215
July	18.2039	17.6854	17.8512
August	19.4992	18.3132	18.9916
September	20.3007	19.2188	19.6838
October	20.1104	19.2017	19.5684
November	19.3851	18.7595	19.0301
December	19.1827	18.7833	19.0427