2020 MYR to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MYR to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MYR to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 88.4320. Conversely, the yearly low was recorded on March 23, dropping to 80.3602.
This high-to-low spread represents a total annual volatility of 8.0718 MRO. From a start-to-finish perspective, comparing the January average rate of 87.5414 to the December average rate of 88.0087, the exchange rate registered a net change of 0.53% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 88.4320 was up 0.32% compared to the 2019 peak of 88.1525, indicating shifts in long-term support levels.
Comparing the value generated converting 20,000 MYR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
MYR to MRO Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 84.0683, compared to 85.9716 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9033 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 5.4262 MRO (High: 85.7864 / Low: 80.3602). On the other end, October was the most stable month, with a tight range of 0.4967 MRO (High: 86.2007 / Low: 85.7040).
Growth Streaks & Declines
TrendsBetween 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 2.7156 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 88.0087) against the same month in 2019 (average: 86.0948), the exchange rate shifted by +1.9139 (+2.22%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 88.0373 | 87.0201 | 87.5414 |
| February | 87.1561 | 84.3075 | 85.8490 |
| March | 85.7864 | 80.3602 | 83.1334 |
| April | 83.0619 | 81.2194 | 82.0766 |
| May | 83.0716 | 81.8151 | 82.2785 |
| June | 84.0099 | 82.7442 | 83.5305 |
| July | 84.2080 | 83.2653 | 83.7022 |
| August | 85.7040 | 84.1981 | 85.2390 |
| September | 86.7663 | 85.5807 | 86.0373 |
| October | 86.2007 | 85.7040 | 85.9879 |
| November | 87.7689 | 85.6526 | 86.8543 |
| December | 88.4320 | 87.5966 | 88.0087 |