YEARLY HIGH
0.3319 CAD
YEARLY LOW
0.3126 CAD
YEARLY AVERAGE
0.3192 CAD

2020 MYR to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MYR to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.3319. Conversely, the yearly low was recorded on August 31, dropping to 0.3126.

This high-to-low spread represents a total annual volatility of 0.0193 CAD. From a start-to-finish perspective, comparing the January average rate of 0.3207 to the December average rate of 0.3158, the exchange rate registered a net change of -1.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.3319 was up 0.48% compared to the 2019 peak of 0.3303, 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 6,638 CAD
2019 Average 6,407 CAD
Yearly Trough Low 6,253 CAD
Transaction Impact: A difference of 385.14 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3253
0.3149
JanuMarcMayJulySeptNove

MYR to CAD 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 0.3212, compared to 0.3172 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.3212
H2 Avg (Jul–Dec) 0.3172

Volatility Range Comparison

Volatility

The most volatile month in 2020 was May, with a trading range of 0.0160 CAD (High: 0.3319 / Low: 0.3159). On the other end, October was the most stable month, with a tight range of 0.0046 CAD (High: 0.3208 / Low: 0.3162).

May Spread (Volatile) ±0.0160
October Spread (Stable) ±0.0046

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0053 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 0.3225) against the same month in 2019 (average: 0.3228), the exchange rate shifted by -0.0003 (-0.09%).

2020 Avg (May) 0.3225
2019 Avg (May) 0.3228

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3244 0.3160 0.3207
February 0.3233 0.3136 0.3194
March 0.3311 0.3171 0.3244
April 0.3270 0.3199 0.3231
May 0.3319 0.3159 0.3225
June 0.3209 0.3133 0.3172
July 0.3191 0.3137 0.3168
August 0.3197 0.3126 0.3161
September 0.3227 0.3147 0.3185
October 0.3208 0.3162 0.3181
November 0.3219 0.3150 0.3182
December 0.3179 0.3132 0.3158