2024 MYR to SDG Historical Review

YEARLY HIGH

145.9420 SDG

YEARLY LOW

119.5390 SDG

YEARLY AVERAGE

130.9579 SDG

2024 MYR to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MYR to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 145.9420. Conversely, the yearly low was recorded on May 1, dropping to 119.5390.

This high-to-low spread represents a total annual volatility of 26.4030 SDG. From a start-to-finish perspective, comparing the January average rate of 128.3648 to the December average rate of 134.8359, the exchange rate registered a net change of 5.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 145.9420 was up 6.20% compared to the 2023 peak of 137.4235, 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 2,918,840 SDG

2023 Average 2,616,895 SDG

Yearly Trough Low 2,390,781 SDG

Transaction Impact: A difference of 528,059.71 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

143.0919

121.2638

JanuMarcMayJulySeptNove

MYR to SDG 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 126.0586, compared to 135.8572 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.7986 points.

H1 Avg (Jan–Jun) 126.0586

H2 Avg (Jul–Dec) 135.8572

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 8.7701 SDG (High: 128.3091 / Low: 119.5390). On the other end, February was the most stable month, with a tight range of 2.0521 SDG (High: 127.2920 / Low: 125.2399).

May Spread (Volatile) ±8.7701

February Spread (Stable) ±2.0521

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 4.2812 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -4.2812

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 141.2729) against the same month in 2023 (average: 128.4585), the exchange rate shifted by +12.8143 (+9.98%).

2024 Avg (September) 141.2729

2023 Avg (September) 128.4585

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	130.7943	127.0210	128.3648
February	127.2920	125.2399	126.0724
March	128.2818	123.6026	125.8408
April	126.9690	122.2616	123.0828
May	128.3091	119.5390	126.9955
June	127.7500	124.1262	125.9953
July	130.9174	125.0133	127.0406
August	139.5106	131.6481	136.2825
September	145.9420	137.7218	141.2729
October	144.4351	137.3664	139.9963
November	138.5945	134.2035	135.7151
December	136.1014	133.4295	134.8359