YEARLY HIGH
0.0576 MYR
YEARLY LOW
0.0516 MYR
YEARLY AVERAGE
0.0552 MYR

2023 BTN to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 24, valuing the pair at 0.0576. Conversely, the yearly low was recorded on February 5, dropping to 0.0516.

This high-to-low spread represents a total annual volatility of 0.0061 MYR. From a start-to-finish perspective, comparing the January average rate of 0.0529 to the December average rate of 0.0559, the exchange rate registered a net change of 5.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0576 was down 1.32% compared to the 2022 peak of 0.0584, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 288 MYR
2022 Average 280 MYR
Yearly Trough Low 258 MYR
Transaction Impact: A difference of 30.44 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0575
0.0524
JanuMarcMayJulySeptNove

BTN 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 0.0542, compared to 0.0562 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0542
H2 Avg (Jul–Dec) 0.0562

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0027 MYR (High: 0.0543 / Low: 0.0516). On the other end, September was the most stable month, with a tight range of 0.0007 MYR (High: 0.0567 / Low: 0.0560).

February Spread (Volatile) ±0.0027
September Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between April and June, 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 October and November, when the average rate fell by 0.0007 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0571) against the same month in 2022 (average: 0.0570), the exchange rate shifted by +0.0001 (+0.10%).

2023 Avg (October) 0.0571
2022 Avg (October) 0.0570

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0536 0.0520 0.0529
February 0.0543 0.0516 0.0529
March 0.0554 0.0537 0.0544
April 0.0553 0.0535 0.0540
May 0.0559 0.0541 0.0549
June 0.0574 0.0554 0.0563
July 0.0573 0.0550 0.0559
August 0.0564 0.0549 0.0557
September 0.0567 0.0560 0.0564
October 0.0576 0.0564 0.0571
November 0.0573 0.0557 0.0564
December 0.0565 0.0551 0.0559