YEARLY HIGH
0.0022 MYR
YEARLY LOW
0.0017 MYR
YEARLY AVERAGE
0.0020 MYR

2023 CDF to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CDF to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 15, valuing the pair at 0.0022. Conversely, the yearly low was recorded on December 21, dropping to 0.0017.

This high-to-low spread represents a total annual volatility of 0.0005 MYR. From a start-to-finish perspective, comparing the January average rate of 0.0021 to the December average rate of 0.0017, the exchange rate registered a net change of -19.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0022 was down 5.98% compared to the 2022 peak of 0.0023, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11 MYR
2022 Average 11 MYR
Yearly Trough Low 8 MYR
Transaction Impact: A difference of 2.66 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0022
0.0017
JanuMarcMayJulySeptNove

CDF 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 0.0021, compared to 0.0018 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0021
H2 Avg (Jul–Dec) 0.0018

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0002 MYR (High: 0.0022 / Low: 0.0020). On the other end, September was the most stable month, with a tight range of 0.0000 MYR (High: 0.0019 / Low: 0.0019).

May Spread (Volatile) ±0.0002
September Spread (Stable) ±0.0000

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 November and December, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0021) against the same month in 2022 (average: 0.0022), the exchange rate shifted by -0.0001 (-5.04%).

2023 Avg (May) 0.0021
2022 Avg (May) 0.0022

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0022 0.0020 0.0021
February 0.0022 0.0021 0.0021
March 0.0022 0.0021 0.0022
April 0.0022 0.0020 0.0021
May 0.0022 0.0020 0.0021
June 0.0020 0.0019 0.0020
July 0.0019 0.0018 0.0019
August 0.0019 0.0018 0.0019
September 0.0019 0.0019 0.0019
October 0.0019 0.0018 0.0019
November 0.0019 0.0017 0.0018
December 0.0018 0.0017 0.0017