YEARLY HIGH
2.0344 HKD
YEARLY LOW
1.8632 HKD
YEARLY AVERAGE
1.9436 HKD

2018 MYR to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MYR to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 2.0344. Conversely, the yearly low was recorded on November 28, dropping to 1.8632.

This high-to-low spread represents a total annual volatility of 0.1712 HKD. From a start-to-finish perspective, comparing the January average rate of 1.9773 to the December average rate of 1.8748, the exchange rate registered a net change of -5.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.0344 was up 5.73% compared to the 2017 peak of 1.9242, 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 40,689 HKD
2017 Average 36,279 HKD
Yearly Trough Low 37,264 HKD
Transaction Impact: A difference of 3,425.00 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.0336
1.8568
JanuMarcMayJulySeptNove

MYR to HKD 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 1.9905, compared to 1.8968 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0937 points.

H1 Avg (Jan–Jun) 1.9905
H2 Avg (Jul–Dec) 1.8968

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0937 HKD (High: 2.0177 / Low: 1.9240). On the other end, October was the most stable month, with a tight range of 0.0187 HKD (High: 1.8929 / Low: 1.8742).

January Spread (Volatile) ±0.0937
October Spread (Stable) ±0.0187

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0422 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0422

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 2.0084) against the same month in 2017 (average: 1.7495), the exchange rate shifted by +0.2589 (+14.80%).

2018 Avg (March) 2.0084
2017 Avg (March) 1.7495

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0177 1.9240 1.9773
February 2.0120 1.9757 1.9990
March 2.0344 1.9924 2.0084
April 2.0322 2.0012 2.0188
May 2.0016 1.9402 1.9766
June 1.9754 1.9412 1.9627
July 1.9511 1.9304 1.9386
August 1.9300 1.9020 1.9177
September 1.9066 1.8866 1.8936
October 1.8929 1.8742 1.8844
November 1.8858 1.8632 1.8716
December 1.8950 1.8642 1.8748