YEARLY HIGH
1.6241 CNY
YEARLY LOW
1.5033 CNY
YEARLY AVERAGE
1.5575 CNY

2021 MYR to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MYR to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1.6241. Conversely, the yearly low was recorded on December 8, dropping to 1.5033.

This high-to-low spread represents a total annual volatility of 0.1208 CNY. From a start-to-finish perspective, comparing the January average rate of 1.6032 to the December average rate of 1.5124, the exchange rate registered a net change of -5.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.6241 was down 4.81% compared to the 2020 peak of 1.7062, 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 32,482 CNY
2020 Average 32,856 CNY
Yearly Trough Low 30,066 CNY
Transaction Impact: A difference of 2,416.18 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.6122
1.5033
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 1.5799, compared to 1.5351 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0448 points.

H1 Avg (Jan–Jun) 1.5799
H2 Avg (Jul–Dec) 1.5351

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0413 CNY (High: 1.5809 / Low: 1.5396). On the other end, April was the most stable month, with a tight range of 0.0112 CNY (High: 1.5864 / Low: 1.5751).

May Spread (Volatile) ±0.0413
April Spread (Stable) ±0.0112

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0237 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0237

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1.6032) against the same month in 2020 (average: 1.6979), the exchange rate shifted by -0.0948 (-5.58%).

2021 Avg (January) 1.6032
2020 Avg (January) 1.6979

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6241 1.5900 1.6032
February 1.6061 1.5863 1.5973
March 1.5958 1.5762 1.5842
April 1.5864 1.5751 1.5820
May 1.5809 1.5396 1.5583
June 1.5627 1.5465 1.5545
July 1.5592 1.5247 1.5416
August 1.5556 1.5280 1.5353
September 1.5579 1.5398 1.5502
October 1.5503 1.5301 1.5423
November 1.5427 1.5071 1.5286
December 1.5269 1.5033 1.5124