YEARLY HIGH
2.5949 MYR
YEARLY LOW
2.4048 MYR
YEARLY AVERAGE
2.5060 MYR

2021 BGN to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BGN to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 2.5949. Conversely, the yearly low was recorded on November 22, dropping to 2.4048.

This high-to-low spread represents a total annual volatility of 0.1901 MYR. From a start-to-finish perspective, comparing the January average rate of 2.5134 to the December average rate of 2.4334, the exchange rate registered a net change of -3.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.5949 was up 1.05% compared to the 2020 peak of 2.5679, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BGN based on timing:

Yearly Peak High 12,975 MYR
2020 Average 12,255 MYR
Yearly Trough Low 12,024 MYR
Transaction Impact: A difference of 950.62 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.5748
2.4206
JanuMarcMayJulySeptNove

BGN to MYR 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 2.5239, compared to 2.4881 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0358 points.

H1 Avg (Jan–Jun) 2.5239
H2 Avg (Jul–Dec) 2.4881

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0771 MYR (High: 2.5949 / Low: 2.5179). On the other end, February was the most stable month, with a tight range of 0.0298 MYR (High: 2.5153 / Low: 2.4855).

May Spread (Volatile) ±0.0771
February Spread (Stable) ±0.0298

Growth Streaks & Declines

Trends

Between March and May, 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 September and October, when the average rate fell by 0.0403 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0403

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 2.5620) against the same month in 2020 (average: 2.4205), the exchange rate shifted by +0.1415 (+5.85%).

2021 Avg (May) 2.5620
2020 Avg (May) 2.4205

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5338 2.4903 2.5134
February 2.5153 2.4855 2.5034
March 2.5231 2.4815 2.5002
April 2.5418 2.4892 2.5209
May 2.5949 2.5179 2.5620
June 2.5800 2.5081 2.5436
July 2.5712 2.5106 2.5404
August 2.5650 2.5070 2.5390
September 2.5225 2.4788 2.5090
October 2.4821 2.4470 2.4687
November 2.4636 2.4048 2.4382
December 2.4508 2.4162 2.4334