2024 MYR to STD Historical Review

YEARLY HIGH

5406.2356 STD

YEARLY LOW

4643.2121 STD

YEARLY AVERAGE

4878.0437 STD

2024 MYR to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MYR to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 5406.2356. Conversely, the yearly low was recorded on February 20, dropping to 4643.2121.

This high-to-low spread represents a total annual volatility of 763.0235 STD. From a start-to-finish perspective, comparing the January average rate of 4759.0650 to the December average rate of 4994.8224, the exchange rate registered a net change of 4.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 5406.2356 was up 0.53% compared to the 2023 peak of 5377.9431, 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 108,124,712 STD

2023 Average 99,189,421 STD

Yearly Trough Low 92,864,243 STD

Transaction Impact: A difference of 15,260,469.02 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

5289.1248

4618.8999

JanuMarcMayJulySeptNove

MYR to STD 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 4714.4977, compared to 5041.5897 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 327.0920 points.

H1 Avg (Jan–Jun) 4714.4977

H2 Avg (Jul–Dec) 5041.5897

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 304.5069 STD (High: 5406.2356 / Low: 5101.7287). On the other end, June was the most stable month, with a tight range of 30.1837 STD (High: 4749.9041 / Low: 4719.7204).

September Spread (Volatile) ±304.5069

June Spread (Stable) ±30.1837

Growth Streaks & Declines

Trends

Between 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 October and November, when the average rate fell by 158.5911 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -158.5911

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 5233.2727) against the same month in 2023 (average: 4760.4263), the exchange rate shifted by +472.8465 (+9.93%).

2024 Avg (September) 5233.2727

2023 Avg (September) 4760.4263

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4849.1404	4709.2465	4759.0650
February	4723.2220	4643.2121	4674.7520
March	4763.5112	4695.3535	4722.7448
April	4711.2380	4648.8212	4676.1608
May	4757.0026	4668.7899	4723.9915
June	4749.9041	4719.7204	4730.2722
July	4849.6681	4721.6206	4759.6585
August	5167.9926	4876.7345	5048.4105
September	5406.2356	5101.7287	5233.2727
October	5350.4142	5088.5631	5185.9826
November	5134.0553	4971.3967	5027.3915
December	5041.7015	4942.7240	4994.8224