YEARLY HIGH
1.7062 CNY
YEARLY LOW
1.5934 CNY
YEARLY AVERAGE
1.6429 CNY

2020 MYR to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MYR to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 1.7062. Conversely, the yearly low was recorded on November 5, dropping to 1.5934.

This high-to-low spread represents a total annual volatility of 0.1128 CNY. From a start-to-finish perspective, comparing the January average rate of 1.6979 to the December average rate of 1.6123, the exchange rate registered a net change of -5.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.7062 was down 0.21% compared to the 2019 peak of 1.7098, 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 34,125 CNY
2019 Average 33,360 CNY
Yearly Trough Low 31,868 CNY
Transaction Impact: A difference of 2,256.88 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.7071
1.5971
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 1.6560, compared to 1.6298 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0263 points.

H1 Avg (Jan–Jun) 1.6560
H2 Avg (Jul–Dec) 1.6298

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0727 CNY (High: 1.6669 / Low: 1.5942). On the other end, January was the most stable month, with a tight range of 0.0147 CNY (High: 1.7062 / Low: 1.6916).

March Spread (Volatile) ±0.0727
January Spread (Stable) ±0.0147

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0462 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0462

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 1.6979) against the same month in 2019 (average: 1.6502), the exchange rate shifted by +0.0477 (+2.89%).

2020 Avg (January) 1.6979
2019 Avg (January) 1.6502

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7062 1.6916 1.6979
February 1.7053 1.6594 1.6823
March 1.6669 1.5942 1.6361
April 1.6432 1.6089 1.6257
May 1.6479 1.6313 1.6371
June 1.6713 1.6489 1.6570
July 1.6532 1.6376 1.6437
August 1.6640 1.6422 1.6547
September 1.6508 1.6330 1.6422
October 1.6360 1.6052 1.6195
November 1.6166 1.5934 1.6063
December 1.6202 1.6036 1.6123