2023 BBD to MYR Historical Review

YEARLY HIGH

2.3950 MYR

YEARLY LOW

2.1220 MYR

YEARLY AVERAGE

2.2797 MYR

2023 BBD to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 24, valuing the pair at 2.3950. Conversely, the yearly low was recorded on January 30, dropping to 2.1220.

This high-to-low spread represents a total annual volatility of 0.2730 MYR. From a start-to-finish perspective, comparing the January average rate of 2.1643 to the December average rate of 2.3288, the exchange rate registered a net change of 7.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.3950 was up 0.88% compared to the 2022 peak of 2.3740, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,975 MYR

2022 Average 10,999 MYR

Yearly Trough Low 10,610 MYR

Transaction Impact: A difference of 1,365.00 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.3935

2.1434

JanuMarcMayJulySeptNove

BBD 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 2.2279, compared to 2.3314 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1035 points.

H1 Avg (Jan–Jun) 2.2279

H2 Avg (Jul–Dec) 2.3314

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.1207 MYR (High: 2.2437 / Low: 2.1230). On the other end, September was the most stable month, with a tight range of 0.0305 MYR (High: 2.3542 / Low: 2.3237).

February Spread (Volatile) ±0.1207

September Spread (Stable) ±0.0305

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0273 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0273

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 2.3726) against the same month in 2022 (average: 2.3462), the exchange rate shifted by +0.0265 (+1.13%).

2023 Avg (October) 2.3726

2022 Avg (October) 2.3462

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2030	2.1220	2.1643
February	2.2437	2.1230	2.1827
March	2.2622	2.2050	2.2350
April	2.2315	2.1993	2.2123
May	2.3127	2.2185	2.2589
June	2.3382	2.2887	2.3145
July	2.3352	2.2610	2.2964
August	2.3272	2.2610	2.3049
September	2.3542	2.3237	2.3403
October	2.3950	2.3476	2.3726
November	2.3857	2.3182	2.3454
December	2.3500	2.2975	2.3288