YEARLY HIGH
601.9406 SYP
YEARLY LOW
124.2343 SYP
YEARLY AVERAGE
296.8728 SYP

2021 MYR to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MYR to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 601.9406. Conversely, the yearly low was recorded on March 10, dropping to 124.2343.

This high-to-low spread represents a total annual volatility of 477.7062 SYP. From a start-to-finish perspective, comparing the January average rate of 126.9827 to the December average rate of 596.5166, the exchange rate registered a net change of 369.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 601.9406 was up 373.80% compared to the 2020 peak of 127.0440, 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 12,038,812 SYP
2020 Average 2,444,613 SYP
Yearly Trough Low 2,484,687 SYP
Transaction Impact: A difference of 9,554,124.89 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

643.4993
79.7071
JanuMarcMayJulySeptNove

MYR to SYP 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 224.1149, compared to 369.6307 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 145.5158 points.

H1 Avg (Jan–Jun) 224.1149
H2 Avg (Jul–Dec) 369.6307

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 299.9859 SYP (High: 600.5737 / Low: 300.5878). On the other end, February was the most stable month, with a tight range of 1.2490 SYP (High: 127.2235 / Low: 125.9745).

November Spread (Volatile) ±299.9859
February Spread (Stable) ±1.2490

Growth Streaks & Declines

Trends

Between August and December, 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 June and July, when the average rate fell by 4.9339 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -4.9339

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 596.5166) against the same month in 2020 (average: 126.4350), the exchange rate shifted by +470.0816 (+371.80%).

2021 Avg (December) 596.5166
2020 Avg (December) 126.4350

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 128.0035 126.4502 126.9827
February 127.2235 125.9745 126.6897
March 304.3690 124.2343 176.9392
April 307.1027 303.3740 304.9816
May 307.1027 303.2634 304.8130
June 306.1746 302.3364 304.2830
July 302.6665 296.9108 299.3491
August 302.5502 296.7547 298.0451
September 304.0537 299.9291 301.8899
October 303.6072 300.3661 301.9948
November 600.5737 300.5878 419.9886
December 601.9406 593.4806 596.5166