YEARLY HIGH
289.0160 KRW
YEARLY LOW
268.0484 KRW
YEARLY AVERAGE
276.2396 KRW

2021 MYR to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MYR to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 289.0160. Conversely, the yearly low was recorded on January 2, dropping to 268.0484.

This high-to-low spread represents a total annual volatility of 20.9676 KRW. From a start-to-finish perspective, comparing the January average rate of 272.3084 to the December average rate of 281.2044, the exchange rate registered a net change of 3.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 289.0160 was down 1.02% compared to the 2020 peak of 291.9851, 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 5,780,320 KRW
2020 Average 5,613,413 KRW
Yearly Trough Low 5,360,968 KRW
Transaction Impact: A difference of 419,352.45 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

285.2008
270.0610
JanuMarcMayJulySeptNove

MYR to KRW 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 272.8107, compared to 279.6685 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.8578 points.

H1 Avg (Jan–Jun) 272.8107
H2 Avg (Jul–Dec) 279.6685

Volatility Range Comparison

Volatility

The most volatile month in 2021 was August, with a trading range of 9.5482 KRW (High: 280.6134 / Low: 271.0652). On the other end, April was the most stable month, with a tight range of 3.0023 KRW (High: 272.9239 / Low: 269.9216).

August Spread (Volatile) ±9.5482
April Spread (Stable) ±3.0023

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 3.6299 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -3.6299

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 283.7929) against the same month in 2020 (average: 271.2775), the exchange rate shifted by +12.5154 (+4.61%).

2021 Avg (November) 283.7929
2020 Avg (November) 271.2775

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 276.6728 268.0484 272.3084
February 277.4410 272.9031 274.7289
March 279.4796 271.7908 274.9526
April 272.9239 269.9216 271.3227
May 275.1229 268.4710 271.9066
June 275.1552 268.5596 271.6451
July 274.3700 269.9546 272.4514
August 280.6134 271.0652 275.0532
September 284.0188 278.3244 281.5698
October 287.6055 281.3587 283.9392
November 289.0160 280.9850 283.7929
December 285.2396 277.8462 281.2044