YEARLY HIGH
1.6902 CNY
YEARLY LOW
1.5726 CNY
YEARLY AVERAGE
1.6387 CNY

2018 MYR to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MYR to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 1.6902. Conversely, the yearly low was recorded on May 9, dropping to 1.5726.

This high-to-low spread represents a total annual volatility of 0.1176 CNY. From a start-to-finish perspective, comparing the January average rate of 1.6248 to the December average rate of 1.6520, the exchange rate registered a net change of 1.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.6902 was up 3.72% compared to the 2017 peak of 1.6296, 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 33,804 CNY
2017 Average 31,444 CNY
Yearly Trough Low 31,451 CNY
Transaction Impact: A difference of 2,352.76 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.6793
1.5977
JanuMarcMayJulySeptNove

MYR to CNY 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 1.6171, compared to 1.6603 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0432 points.

H1 Avg (Jan–Jun) 1.6171
H2 Avg (Jul–Dec) 1.6603

Volatility Range Comparison

Volatility

The most volatile month in 2018 was July, with a trading range of 0.0504 CNY (High: 1.6864 / Low: 1.6360). On the other end, October was the most stable month, with a tight range of 0.0141 CNY (High: 1.6703 / Low: 1.6561).

July Spread (Volatile) ±0.0504
October Spread (Stable) ±0.0141

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0162 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0162

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 1.6725) against the same month in 2017 (average: 1.5572), the exchange rate shifted by +0.1153 (+7.40%).

2018 Avg (August) 1.6725
2017 Avg (August) 1.5572

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6329 1.6056 1.6248
February 1.6318 1.5893 1.6160
March 1.6324 1.6109 1.6195
April 1.6311 1.6142 1.6204
May 1.6180 1.5726 1.6045
June 1.6426 1.6044 1.6174
July 1.6864 1.6360 1.6590
August 1.6902 1.6528 1.6725
September 1.6645 1.6448 1.6563
October 1.6703 1.6561 1.6636
November 1.6668 1.6521 1.6586
December 1.6649 1.6423 1.6520