YEARLY HIGH
0.9096 QAR
YEARLY LOW
0.8589 QAR
YEARLY AVERAGE
0.8796 QAR

2021 MYR to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MYR to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.9096. Conversely, the yearly low was recorded on November 27, dropping to 0.8589.

This high-to-low spread represents a total annual volatility of 0.0507 QAR. From a start-to-finish perspective, comparing the January average rate of 0.9019 to the December average rate of 0.8645, the exchange rate registered a net change of -4.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.9096 was up 0.70% compared to the 2020 peak of 0.9034, 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 18,193 QAR
2020 Average 17,343 QAR
Yearly Trough Low 17,179 QAR
Transaction Impact: A difference of 1,014.15 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.9056
0.8608
JanuMarcMayJulySeptNove

MYR to QAR 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 0.8890, compared to 0.8703 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0187 points.

H1 Avg (Jan–Jun) 0.8890
H2 Avg (Jul–Dec) 0.8703

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.0307 QAR (High: 0.8905 / Low: 0.8598). On the other end, February was the most stable month, with a tight range of 0.0090 QAR (High: 0.9035 / Low: 0.8945).

July Spread (Volatile) ±0.0307
February Spread (Stable) ±0.0090

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 0.0136 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0136

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.9019) against the same month in 2020 (average: 0.8928), the exchange rate shifted by +0.0091 (+1.01%).

2021 Avg (January) 0.9019
2020 Avg (January) 0.8928

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9096 0.8979 0.9019
February 0.9035 0.8945 0.8996
March 0.8983 0.8771 0.8860
April 0.8890 0.8782 0.8828
May 0.8899 0.8779 0.8826
June 0.8883 0.8751 0.8812
July 0.8905 0.8598 0.8679
August 0.8883 0.8591 0.8670
September 0.8906 0.8654 0.8763
October 0.8793 0.8697 0.8748
November 0.8777 0.8589 0.8712
December 0.8723 0.8600 0.8645