YEARLY HIGH
7.0181 TWD
YEARLY LOW
6.5385 TWD
YEARLY AVERAGE
6.7383 TWD

2021 MYR to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MYR to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 7.0181. Conversely, the yearly low was recorded on December 6, dropping to 6.5385.

This high-to-low spread represents a total annual volatility of 0.4796 TWD. From a start-to-finish perspective, comparing the January average rate of 6.9312 to the December average rate of 6.5792, the exchange rate registered a net change of -5.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 7.0181 was down 5.37% compared to the 2020 peak of 7.4165, 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 140,362 TWD
2020 Average 140,199 TWD
Yearly Trough Low 130,770 TWD
Transaction Impact: A difference of 9,592.42 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

6.9664
6.5440
JanuMarcMayJulySeptNove

MYR to TWD 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 6.8360, compared to 6.6406 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1954 points.

H1 Avg (Jan–Jun) 6.8360
H2 Avg (Jul–Dec) 6.6406

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.1696 TWD (High: 6.7192 / Low: 6.5496). On the other end, June was the most stable month, with a tight range of 0.0774 TWD (High: 6.7515 / Low: 6.6742).

November Spread (Volatile) ±0.1696
June Spread (Stable) ±0.0774

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0949 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0949

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 6.9312) against the same month in 2020 (average: 7.3596), the exchange rate shifted by -0.4284 (-5.82%).

2021 Avg (January) 6.9312
2020 Avg (January) 7.3596

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7.0181 6.8920 6.9312
February 6.9605 6.8616 6.9004
March 6.9144 6.8200 6.8708
April 6.8960 6.7878 6.8481
May 6.8038 6.6711 6.7532
June 6.7515 6.6742 6.7122
July 6.7333 6.5793 6.6587
August 6.6741 6.5617 6.6022
September 6.6881 6.6036 6.6496
October 6.7576 6.6332 6.7026
November 6.7192 6.5496 6.6512
December 6.6364 6.5385 6.5792