YEARLY HIGH
1.9203 HKD
YEARLY LOW
1.7459 HKD
YEARLY AVERAGE
1.8472 HKD

2020 MYR to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MYR to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1.9203. Conversely, the yearly low was recorded on March 23, dropping to 1.7459.

This high-to-low spread represents a total annual volatility of 0.1744 HKD. From a start-to-finish perspective, comparing the January average rate of 1.9061 to the December average rate of 1.9111, the exchange rate registered a net change of 0.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.9203 was down 0.91% compared to the 2019 peak of 1.9379, 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 38,406 HKD
2019 Average 37,838 HKD
Yearly Trough Low 34,918 HKD
Transaction Impact: A difference of 3,488.05 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.9240
1.7692
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 1.8278, compared to 1.8666 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0388 points.

H1 Avg (Jan–Jun) 1.8278
H2 Avg (Jul–Dec) 1.8666

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1215 HKD (High: 1.8674 / Low: 1.7459). On the other end, October was the most stable month, with a tight range of 0.0109 HKD (High: 1.8719 / Low: 1.8610).

March Spread (Volatile) ±0.1215
October Spread (Stable) ±0.0109

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0614 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0614

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1.9111) against the same month in 2019 (average: 1.8822), the exchange rate shifted by +0.0289 (+1.54%).

2020 Avg (December) 1.9111
2019 Avg (December) 1.8822

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9158 1.8944 1.9061
February 1.8960 1.8397 1.8697
March 1.8674 1.7459 1.8083
April 1.8036 1.7632 1.7821
May 1.8063 1.7769 1.7871
June 1.8238 1.7965 1.8135
July 1.8281 1.8076 1.8174
August 1.8606 1.8279 1.8506
September 1.8836 1.8579 1.8678
October 1.8719 1.8610 1.8669
November 1.9056 1.8605 1.8861
December 1.9203 1.9020 1.9111