YEARLY HIGH
0.6694 XCD
YEARLY LOW
0.6083 XCD
YEARLY AVERAGE
0.6436 XCD

2020 MYR to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MYR to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.6694. Conversely, the yearly low was recorded on March 23, dropping to 0.6083.

This high-to-low spread represents a total annual volatility of 0.0611 XCD. From a start-to-finish perspective, comparing the January average rate of 0.6627 to the December average rate of 0.6662, the exchange rate registered a net change of 0.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.6694 was up 0.31% compared to the 2019 peak of 0.6674, 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 13,389 XCD
2019 Average 13,051 XCD
Yearly Trough Low 12,167 XCD
Transaction Impact: A difference of 1,222.10 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.6707
0.6168
JanuMarcMayJulySeptNove

MYR to XCD 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 0.6364, compared to 0.6508 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0144 points.

H1 Avg (Jan–Jun) 0.6364
H2 Avg (Jul–Dec) 0.6508

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0411 XCD (High: 0.6494 / Low: 0.6083). On the other end, October was the most stable month, with a tight range of 0.0038 XCD (High: 0.6526 / Low: 0.6488).

March Spread (Volatile) ±0.0411
October Spread (Stable) ±0.0038

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 February and March, when the average rate fell by 0.0206 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0206

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.6662) against the same month in 2019 (average: 0.6518), the exchange rate shifted by +0.0145 (+2.22%).

2020 Avg (December) 0.6662
2019 Avg (December) 0.6518

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6665 0.6588 0.6627
February 0.6598 0.6382 0.6499
March 0.6494 0.6083 0.6293
April 0.6288 0.6148 0.6213
May 0.6289 0.6194 0.6229
June 0.6360 0.6264 0.6323
July 0.6375 0.6303 0.6336
August 0.6488 0.6374 0.6453
September 0.6568 0.6479 0.6513
October 0.6526 0.6488 0.6509
November 0.6644 0.6484 0.6575
December 0.6694 0.6631 0.6662