2023 JPY to MYR Historical Review

YEARLY HIGH

0.0341 MYR

YEARLY LOW

0.0309 MYR

YEARLY AVERAGE

0.0325 MYR

2023 JPY to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.0341. Conversely, the yearly low was recorded on November 7, dropping to 0.0309.

This high-to-low spread represents a total annual volatility of 0.0033 MYR. From a start-to-finish perspective, comparing the January average rate of 0.0333 to the December average rate of 0.0324, the exchange rate registered a net change of -2.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0341 was down 7.28% compared to the 2022 peak of 0.0368, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 17,070 MYR

2022 Average 16,797 MYR

Yearly Trough Low 15,437 MYR

Transaction Impact: A difference of 1,632.71 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0337

0.0311

JanuMarcMayJulySeptNove

JPY 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 0.0330, compared to 0.0319 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0330

H2 Avg (Jul–Dec) 0.0319

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0018 MYR (High: 0.0336 / Low: 0.0318). On the other end, September was the most stable month, with a tight range of 0.0004 MYR (High: 0.0319 / Low: 0.0314).

July Spread (Volatile) ±0.0018

September Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0007 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0335) against the same month in 2022 (average: 0.0354), the exchange rate shifted by -0.0019 (-5.46%).

2023 Avg (March) 0.0335

2022 Avg (March) 0.0354

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0339	0.0325	0.0333
February	0.0330	0.0322	0.0328
March	0.0341	0.0326	0.0335
April	0.0336	0.0327	0.0331
May	0.0332	0.0327	0.0329
June	0.0333	0.0323	0.0328
July	0.0336	0.0318	0.0325
August	0.0321	0.0316	0.0318
September	0.0319	0.0314	0.0317
October	0.0320	0.0314	0.0317
November	0.0318	0.0309	0.0313
December	0.0329	0.0316	0.0324