YEARLY HIGH
61774.4294 VEF
YEARLY LOW
0.2359 VEF
YEARLY AVERAGE
496.1244 VEF

2021 MYR to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MYR to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 61774.4294. Conversely, the yearly low was recorded on November 28, dropping to 0.2359.

This high-to-low spread represents a total annual volatility of 61774.1935 VEF. From a start-to-finish perspective, comparing the January average rate of 5950.8439 to the December average rate of 0.2374, the exchange rate registered a net change of -100.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 61774.4294 was up 0.36% compared to the 2020 peak of 61552.5495, 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 1,235,488,588 VEF
2020 Average 1,183,548,689 VEF
Yearly Trough Low 4,718 VEF
Transaction Impact: A difference of 1,235,483,869.80 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

6545.9046
-594.8237
JanuMarcMayJulySeptNove

MYR to VEF 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 992.0102, compared to 0.2387 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 991.7715 points.

H1 Avg (Jan–Jun) 992.0102
H2 Avg (Jul–Dec) 0.2387

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 61774.1828 VEF (High: 61774.4294 / Low: 0.2466). On the other end, February was the most stable month, with a tight range of 0.0025 VEF (High: 0.2481 / Low: 0.2457).

January Spread (Volatile) ±61774.1828
February Spread (Stable) ±0.0025

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 January and February, when the average rate fell by 5950.5969 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -5950.5969

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 5950.8439) against the same month in 2020 (average: 60932.6526), the exchange rate shifted by -54981.8086 (-90.23%).

2021 Avg (January) 5950.8439
2020 Avg (January) 60932.6526

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 61774.4294 0.2466 5950.8439
February 0.2481 0.2457 0.2471
March 0.2467 0.2409 0.2433
April 0.2442 0.2412 0.2425
May 0.2442 0.2411 0.2424
June 0.2434 0.2404 0.2419
July 0.2406 0.2362 0.2380
August 0.2406 0.2359 0.2370
September 0.2418 0.2385 0.2401
October 0.2415 0.2389 0.2402
November 0.2411 0.2359 0.2392
December 0.2396 0.2362 0.2374