2023 BWP to MYR Historical Review

YEARLY HIGH

0.3524 MYR

YEARLY LOW

0.3289 MYR

YEARLY AVERAGE

0.3414 MYR

2023 BWP to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.3524. Conversely, the yearly low was recorded on February 6, dropping to 0.3289.

This high-to-low spread represents a total annual volatility of 0.0235 MYR. From a start-to-finish perspective, comparing the January average rate of 0.3389 to the December average rate of 0.3449, the exchange rate registered a net change of 1.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3524 was down 4.40% compared to the 2022 peak of 0.3686, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,762 MYR

2022 Average 1,780 MYR

Yearly Trough Low 1,645 MYR

Transaction Impact: A difference of 117.31 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3484

0.3323

JanuMarcMayJulySeptNove

BWP 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 0.3379, compared to 0.3448 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0069 points.

H1 Avg (Jan–Jun) 0.3379

H2 Avg (Jul–Dec) 0.3448

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0170 MYR (High: 0.3505 / Low: 0.3335). On the other end, September was the most stable month, with a tight range of 0.0055 MYR (High: 0.3453 / Low: 0.3398).

June Spread (Volatile) ±0.0170

September Spread (Stable) ±0.0055

Growth Streaks & Declines

Trends

Between August and November, 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 July and August, when the average rate fell by 0.0053 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.3471) against the same month in 2022 (average: 0.3527), the exchange rate shifted by -0.0056 (-1.59%).

2023 Avg (November) 0.3471

2022 Avg (November) 0.3527

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3461	0.3311	0.3389
February	0.3381	0.3289	0.3336
March	0.3428	0.3343	0.3382
April	0.3413	0.3333	0.3371
May	0.3429	0.3306	0.3354
June	0.3505	0.3335	0.3444
July	0.3498	0.3440	0.3469
August	0.3457	0.3378	0.3416
September	0.3453	0.3398	0.3430
October	0.3494	0.3413	0.3455
November	0.3524	0.3428	0.3471
December	0.3493	0.3413	0.3449