YEARLY HIGH
0.2125 EUR
YEARLY LOW
0.1971 EUR
YEARLY AVERAGE
0.2041 EUR

2021 MYR to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MYR to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 0.2125. Conversely, the yearly low was recorded on May 25, dropping to 0.1971.

This high-to-low spread represents a total annual volatility of 0.0154 EUR. From a start-to-finish perspective, comparing the January average rate of 0.2035 to the December average rate of 0.2100, the exchange rate registered a net change of 3.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2125 was down 4.77% compared to the 2020 peak of 0.2232, 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 4,251 EUR
2020 Average 4,175 EUR
Yearly Trough Low 3,942 EUR
Transaction Impact: A difference of 308.97 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2110
0.1985
JanuMarcMayJulySeptNove

MYR to EUR 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 0.2026, compared to 0.2056 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.2026
H2 Avg (Jul–Dec) 0.2056

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0061 EUR (High: 0.2031 / Low: 0.1971). On the other end, February was the most stable month, with a tight range of 0.0026 EUR (High: 0.2059 / Low: 0.2033).

May Spread (Volatile) ±0.0061
February Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0032 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.2098) against the same month in 2020 (average: 0.2054), the exchange rate shifted by +0.0044 (+2.15%).

2021 Avg (November) 0.2098
2020 Avg (November) 0.2054

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2053 0.2017 0.2035
February 0.2059 0.2033 0.2043
March 0.2061 0.2025 0.2044
April 0.2054 0.2009 0.2027
May 0.2031 0.1971 0.1995
June 0.2036 0.1984 0.2010
July 0.2037 0.1986 0.2013
August 0.2039 0.1993 0.2014
September 0.2064 0.2025 0.2039
October 0.2090 0.2060 0.2071
November 0.2125 0.2073 0.2098
December 0.2116 0.2086 0.2100