YEARLY HIGH
2554.0535 GNF
YEARLY LOW
2204.5751 GNF
YEARLY AVERAGE
2376.5408 GNF

2021 MYR to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MYR to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 16, valuing the pair at 2554.0535. Conversely, the yearly low was recorded on December 17, dropping to 2204.5751.

This high-to-low spread represents a total annual volatility of 349.4784 GNF. From a start-to-finish perspective, comparing the January average rate of 2526.9634 to the December average rate of 2234.9213, the exchange rate registered a net change of -11.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2554.0535 was up 3.00% compared to the 2020 peak of 2479.5640, 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 51,081,070 GNF
2020 Average 45,834,418 GNF
Yearly Trough Low 44,091,502 GNF
Transaction Impact: A difference of 6,989,568.37 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2556.1676
2205.7171
JanuMarcMayJulySeptNove

MYR to GNF 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 2445.5165, compared to 2307.5651 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 137.9514 points.

H1 Avg (Jan–Jun) 2445.5165
H2 Avg (Jul–Dec) 2307.5651

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 100.5768 GNF (High: 2318.0810 / Low: 2217.5041). On the other end, April was the most stable month, with a tight range of 19.3742 GNF (High: 2426.4686 / Low: 2407.0944).

November Spread (Volatile) ±100.5768
April Spread (Stable) ±19.3742

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 February and March, when the average rate fell by 63.4320 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -63.4320

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 2513.0174) against the same month in 2020 (average: 2277.3769), the exchange rate shifted by +235.6405 (+10.35%).

2021 Avg (February) 2513.0174
2020 Avg (February) 2277.3769

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2552.1932 2469.2756 2526.9634
February 2554.0535 2480.6535 2513.0174
March 2497.0525 2416.3502 2449.5854
April 2426.4686 2407.0944 2417.4877
May 2428.1742 2371.2112 2390.9241
June 2389.8491 2361.6458 2375.1210
July 2365.9412 2306.9120 2334.3724
August 2357.5298 2303.8019 2317.6328
September 2365.5265 2330.1556 2347.1178
October 2346.0798 2320.6742 2332.0343
November 2318.0810 2217.5041 2279.3123
December 2263.1490 2204.5751 2234.9213