2021 MYR to SGD Historical Review

YEARLY HIGH

0.3299 SGD

YEARLY LOW

0.3195 SGD

YEARLY AVERAGE

0.3243 SGD

2021 MYR to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MYR to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.3299. Conversely, the yearly low was recorded on July 29, dropping to 0.3195.

This high-to-low spread represents a total annual volatility of 0.0104 SGD. From a start-to-finish perspective, comparing the January average rate of 0.3284 to the December average rate of 0.3237, the exchange rate registered a net change of -1.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.3299 was down 1.88% compared to the 2020 peak of 0.3363, 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 6,599 SGD

2020 Average 6,567 SGD

Yearly Trough Low 6,391 SGD

Transaction Impact: A difference of 207.89 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.3291

0.3204

JanuMarcMayJulySeptNove

MYR to SGD 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 0.3253, compared to 0.3233 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.3253

H2 Avg (Jul–Dec) 0.3233

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0053 SGD (High: 0.3297 / Low: 0.3244). On the other end, December was the most stable month, with a tight range of 0.0025 SGD (High: 0.3248 / Low: 0.3223).

March Spread (Volatile) ±0.0053

December Spread (Stable) ±0.0025

Growth Streaks & Declines

Trends

Between August and November, 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 March and April, when the average rate fell by 0.0029 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.3284) against the same month in 2020 (average: 0.3313), the exchange rate shifted by -0.0029 (-0.88%).

2021 Avg (January) 0.3284

2020 Avg (January) 0.3313

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3299	0.3263	0.3284
February	0.3298	0.3262	0.3281
March	0.3297	0.3244	0.3267
April	0.3251	0.3224	0.3238
May	0.3250	0.3198	0.3222
June	0.3250	0.3205	0.3227
July	0.3245	0.3195	0.3225
August	0.3236	0.3197	0.3211
September	0.3254	0.3225	0.3235
October	0.3259	0.3225	0.3246
November	0.3260	0.3228	0.3248
December	0.3248	0.3223	0.3237