2024 MYR to EUR Historical Review

YEARLY HIGH

0.2177 EUR

YEARLY LOW

0.1927 EUR

YEARLY AVERAGE

0.2023 EUR

2024 MYR to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MYR to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.2177. Conversely, the yearly low was recorded on February 21, dropping to 0.1927.

This high-to-low spread represents a total annual volatility of 0.0250 EUR. From a start-to-finish perspective, comparing the January average rate of 0.1958 to the December average rate of 0.2141, the exchange rate registered a net change of 9.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2177 was down 0.37% compared to the 2023 peak of 0.2185, 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 4,355 EUR

2023 Average 4,056 EUR

Yearly Trough Low 3,855 EUR

Transaction Impact: A difference of 499.91 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2160

0.1924

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 0.1957, compared to 0.2089 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0132 points.

H1 Avg (Jan–Jun) 0.1957

H2 Avg (Jul–Dec) 0.2089

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0105 EUR (High: 0.2177 / Low: 0.2072). On the other end, May was the most stable month, with a tight range of 0.0018 EUR (High: 0.1969 / Low: 0.1951).

September Spread (Volatile) ±0.0105

May Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between February and June, 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 January and February, when the average rate fell by 0.0014 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.2114) against the same month in 2023 (average: 0.2001), the exchange rate shifted by +0.0113 (+5.65%).

2024 Avg (September) 0.2114

2023 Avg (September) 0.2001

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1986	0.1943	0.1958
February	0.1966	0.1927	0.1944
March	0.1961	0.1928	0.1950
April	0.1972	0.1937	0.1957
May	0.1969	0.1951	0.1961
June	0.1987	0.1948	0.1973
July	0.2011	0.1951	0.1968
August	0.2093	0.2029	0.2055
September	0.2177	0.2072	0.2114
October	0.2170	0.2101	0.2136
November	0.2148	0.2100	0.2123
December	0.2161	0.2126	0.2141