YEARLY HIGH
2237.8675 GNF
YEARLY LOW
1793.9090 GNF
YEARLY AVERAGE
2006.4609 GNF

2022 MYR to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MYR to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 2237.8675. Conversely, the yearly low was recorded on November 6, dropping to 1793.9090.

This high-to-low spread represents a total annual volatility of 443.9585 GNF. From a start-to-finish perspective, comparing the January average rate of 2171.4177 to the December average rate of 1970.8605, the exchange rate registered a net change of -9.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 2237.8675 was down 12.38% compared to the 2021 peak of 2554.0535, 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 44,757,350 GNF
2021 Average 47,513,156 GNF
Yearly Trough Low 35,878,181 GNF
Transaction Impact: A difference of 8,879,169.57 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2203.5113
1818.3887
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 2092.6702, compared to 1920.2517 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 172.4186 points.

H1 Avg (Jan–Jun) 2092.6702
H2 Avg (Jul–Dec) 1920.2517

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 170.3767 GNF (High: 1964.2857 / Low: 1793.9090). On the other end, July was the most stable month, with a tight range of 40.7588 GNF (High: 1979.9273 / Low: 1939.1685).

November Spread (Volatile) ±170.3767
July Spread (Stable) ±40.7588

Growth Streaks & Declines

Trends

Between October and December, 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 April and May, when the average rate fell by 70.3837 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -70.3837

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 2171.4177) against the same month in 2021 (average: 2526.9634), the exchange rate shifted by -355.5457 (-14.07%).

2022 Avg (January) 2171.4177
2021 Avg (January) 2526.9634

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2237.8675 2150.8780 2171.4177
February 2174.8195 2125.2536 2152.7267
March 2158.1196 2115.5528 2130.8225
April 2125.6768 2020.2136 2085.7196
May 2039.0802 1993.5108 2015.3359
June 2029.3410 1970.4761 1999.9989
July 1979.9273 1939.1685 1956.1057
August 1979.9753 1926.8550 1946.7381
September 1952.6891 1874.9892 1914.6910
October 1888.0742 1809.2306 1850.4823
November 1964.2857 1793.9090 1882.6323
December 1994.3020 1949.6970 1970.8605