2022 MYR to SGD Historical Review

YEARLY HIGH

0.3264 SGD

YEARLY LOW

0.2943 SGD

YEARLY AVERAGE

0.3137 SGD

2022 MYR to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MYR to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.3264. Conversely, the yearly low was recorded on November 10, dropping to 0.2943.

This high-to-low spread represents a total annual volatility of 0.0321 SGD. From a start-to-finish perspective, comparing the January average rate of 0.3224 to the December average rate of 0.3065, the exchange rate registered a net change of -4.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.3264 was down 1.06% compared to the 2021 peak of 0.3299, 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 6,529 SGD

2021 Average 6,486 SGD

Yearly Trough Low 5,887 SGD

Transaction Impact: A difference of 641.91 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.3260

0.2981

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 0.3197, compared to 0.3077 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0120 points.

H1 Avg (Jan–Jun) 0.3197

H2 Avg (Jul–Dec) 0.3077

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0135 SGD (High: 0.3078 / Low: 0.2943). On the other end, February was the most stable month, with a tight range of 0.0029 SGD (High: 0.3236 / Low: 0.3207).

November Spread (Volatile) ±0.0135

February Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0079 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0079

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.3236) against the same month in 2021 (average: 0.3267), the exchange rate shifted by -0.0030 (-0.92%).

2022 Avg (March) 0.3236

2021 Avg (March) 0.3267

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3243	0.3208	0.3224
February	0.3236	0.3207	0.3218
March	0.3264	0.3212	0.3236
April	0.3230	0.3153	0.3202
May	0.3183	0.3120	0.3154
June	0.3165	0.3121	0.3147
July	0.3180	0.3098	0.3141
August	0.3128	0.3074	0.3101
September	0.3130	0.3089	0.3113
October	0.3096	0.2970	0.3034
November	0.3078	0.2943	0.3004
December	0.3105	0.3038	0.3065