2023 CRC to MYR Historical Review

YEARLY HIGH

0.0090 MYR

YEARLY LOW

0.0074 MYR

YEARLY AVERAGE

0.0084 MYR

2023 CRC to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 0.0090. Conversely, the yearly low was recorded on February 9, dropping to 0.0074.

This high-to-low spread represents a total annual volatility of 0.0016 MYR. From a start-to-finish perspective, comparing the January average rate of 0.0075 to the December average rate of 0.0089, the exchange rate registered a net change of 17.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0090 was up 16.66% compared to the 2022 peak of 0.0077, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 45 MYR

2022 Average 34 MYR

Yearly Trough Low 37 MYR

Transaction Impact: A difference of 8.02 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0091

0.0074

JanuMarcMayJulySeptNove

CRC 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 0.0081, compared to 0.0087 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0081

H2 Avg (Jul–Dec) 0.0087

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0006 MYR (High: 0.0080 / Low: 0.0074). On the other end, December was the most stable month, with a tight range of 0.0002 MYR (High: 0.0090 / Low: 0.0088).

February Spread (Volatile) ±0.0006

December Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0001 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0089) against the same month in 2022 (average: 0.0075), the exchange rate shifted by +0.0014 (+18.56%).

2023 Avg (October) 0.0089

2022 Avg (October) 0.0075

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0077	0.0074	0.0075
February	0.0080	0.0074	0.0077
March	0.0084	0.0080	0.0082
April	0.0084	0.0081	0.0083
May	0.0086	0.0082	0.0084
June	0.0087	0.0085	0.0086
July	0.0087	0.0083	0.0085
August	0.0087	0.0083	0.0086
September	0.0089	0.0086	0.0087
October	0.0090	0.0088	0.0089
November	0.0090	0.0087	0.0088
December	0.0090	0.0088	0.0089