YEARLY HIGH
0.6745 XCD
YEARLY LOW
0.6375 XCD
YEARLY AVERAGE
0.6524 XCD

2021 MYR to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MYR to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.6745. Conversely, the yearly low was recorded on November 28, dropping to 0.6375.

This high-to-low spread represents a total annual volatility of 0.0370 XCD. From a start-to-finish perspective, comparing the January average rate of 0.6691 to the December average rate of 0.6416, the exchange rate registered a net change of -4.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.6745 was up 0.76% compared to the 2020 peak of 0.6694, 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 13,491 XCD
2020 Average 12,872 XCD
Yearly Trough Low 12,751 XCD
Transaction Impact: A difference of 739.94 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.6720
0.6376
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 0.6598, compared to 0.6450 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0148 points.

H1 Avg (Jan–Jun) 0.6598
H2 Avg (Jul–Dec) 0.6450

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0157 XCD (High: 0.6668 / Low: 0.6511). On the other end, February was the most stable month, with a tight range of 0.0067 XCD (High: 0.6706 / Low: 0.6639).

March Spread (Volatile) ±0.0157
February Spread (Stable) ±0.0067

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 June and July, when the average rate fell by 0.0105 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0105

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.6691) against the same month in 2020 (average: 0.6627), the exchange rate shifted by +0.0064 (+0.97%).

2021 Avg (January) 0.6691
2020 Avg (January) 0.6627

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6745 0.6665 0.6691
February 0.6706 0.6639 0.6677
March 0.6668 0.6511 0.6575
April 0.6599 0.6519 0.6554
May 0.6599 0.6516 0.6550
June 0.6579 0.6496 0.6538
July 0.6504 0.6382 0.6433
August 0.6501 0.6376 0.6405
September 0.6533 0.6446 0.6488
October 0.6526 0.6455 0.6491
November 0.6515 0.6375 0.6465
December 0.6475 0.6384 0.6416