YEARLY HIGH
0.3190 CAD
YEARLY LOW
0.2905 CAD
YEARLY AVERAGE
0.3027 CAD

2021 MYR to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MYR to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.3190. Conversely, the yearly low was recorded on May 24, dropping to 0.2905.

This high-to-low spread represents a total annual volatility of 0.0285 CAD. From a start-to-finish perspective, comparing the January average rate of 0.3151 to the December average rate of 0.3039, the exchange rate registered a net change of -3.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.3190 was down 3.88% compared to the 2020 peak of 0.3319, 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 6,380 CAD
2020 Average 6,385 CAD
Yearly Trough Low 5,811 CAD
Transaction Impact: A difference of 569.61 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.3173
0.2918
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 0.3046, compared to 0.3007 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0039 points.

H1 Avg (Jan–Jun) 0.3046
H2 Avg (Jul–Dec) 0.3007

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0121 CAD (High: 0.3127 / Low: 0.3006). On the other end, September was the most stable month, with a tight range of 0.0055 CAD (High: 0.3068 / Low: 0.3014).

March Spread (Volatile) ±0.0121
September Spread (Stable) ±0.0055

Growth Streaks & Declines

Trends

Between May and September, 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 0.0093 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0093

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.3151) against the same month in 2020 (average: 0.3207), the exchange rate shifted by -0.0056 (-1.74%).

2021 Avg (January) 0.3151
2020 Avg (January) 0.3207

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3190 0.3122 0.3151
February 0.3179 0.3095 0.3137
March 0.3127 0.3006 0.3058
April 0.3065 0.2993 0.3032
May 0.3001 0.2905 0.2939
June 0.3011 0.2919 0.2959
July 0.3018 0.2940 0.2978
August 0.3035 0.2953 0.2987
September 0.3068 0.3014 0.3041
October 0.3021 0.2962 0.2989
November 0.3039 0.2980 0.3009
December 0.3071 0.2988 0.3039