YEARLY HIGH
61358.0034 VEF
YEARLY LOW
58861.0106 VEF
YEARLY AVERAGE
60005.9949 VEF

2019 MYR to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MYR to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 21, valuing the pair at 61358.0034. Conversely, the yearly low was recorded on September 2, dropping to 58861.0106.

This high-to-low spread represents a total annual volatility of 2496.9928 VEF. From a start-to-finish perspective, comparing the January average rate of 60376.2608 to the December average rate of 59925.7863, the exchange rate registered a net change of -0.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 61358.0034 was up 1.04% compared to the 2018 peak of 60728.7569, 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 1,227,160,068 VEF
2018 Average 619,841,402 VEF
Yearly Trough Low 1,177,220,211 VEF
Transaction Impact: A difference of 49,939,856.87 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

61093.1354
59190.6091
JanuMarcMayJulySeptNove

MYR to VEF 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 60330.4940, compared to 59681.4959 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 648.9982 points.

H1 Avg (Jan–Jun) 60330.4940
H2 Avg (Jul–Dec) 59681.4959

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 1283.6231 VEF (High: 60747.4984 / Low: 59463.8753). On the other end, October was the most stable month, with a tight range of 264.1942 VEF (High: 59463.8753 / Low: 59199.6811).

December Spread (Volatile) ±1283.6231
October Spread (Stable) ±264.1942

Growth Streaks & Declines

Trends

Between May and July, 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 July and August, when the average rate fell by 934.5666 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -934.5666

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2019: 60918.4903) against the same month in 2018 (average: 9320.8133), the exchange rate shifted by +51597.6770 (+553.57%).

2019 Avg (March) 60918.4903
2018 Avg (March) 9320.8133

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 60688.1085 59973.7122 60376.2608
February 61106.0229 60658.3016 60934.5916
March 61358.0034 60725.3935 60918.4903
April 60918.7650 59775.7138 60355.0239
May 60124.2813 59227.0126 59606.1389
June 60215.9843 59275.4586 59792.4588
July 60558.0002 59984.9468 60283.7195
August 59978.6775 58911.2476 59349.1530
September 59656.6015 58861.0106 59399.7675
October 59463.8753 59199.6811 59355.6527
November 60230.6676 59468.1446 59774.8962
December 60747.4984 59463.8753 59925.7863