YEARLY HIGH
0.9811 MYR
YEARLY LOW
0.8917 MYR
YEARLY AVERAGE
0.9479 MYR

2023 LYD to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LYD to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 25, valuing the pair at 0.9811. Conversely, the yearly low was recorded on February 5, dropping to 0.8917.

This high-to-low spread represents a total annual volatility of 0.0894 MYR. From a start-to-finish perspective, comparing the January average rate of 0.9052 to the December average rate of 0.9688, the exchange rate registered a net change of 7.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9811 was up 2.59% compared to the 2022 peak of 0.9563, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,905 MYR
2022 Average 4,577 MYR
Yearly Trough Low 4,458 MYR
Transaction Impact: A difference of 446.91 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9767
0.8987
JanuMarcMayJulySeptNove

LYD 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 0.9302, compared to 0.9656 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0353 points.

H1 Avg (Jan–Jun) 0.9302
H2 Avg (Jul–Dec) 0.9656

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0368 MYR (High: 0.9285 / Low: 0.8917). On the other end, September was the most stable month, with a tight range of 0.0094 MYR (High: 0.9679 / Low: 0.9585).

February Spread (Volatile) ±0.0368
September Spread (Stable) ±0.0094

Growth Streaks & Declines

Trends

Between April and July, 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 0.0044 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.9615) against the same month in 2022 (average: 0.9160), the exchange rate shifted by +0.0456 (+4.97%).

2023 Avg (June) 0.9615
2022 Avg (June) 0.9160

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9169 0.8919 0.9052
February 0.9285 0.8917 0.9105
March 0.9433 0.9214 0.9302
April 0.9463 0.9216 0.9293
May 0.9615 0.9336 0.9447
June 0.9811 0.9443 0.9615
July 0.9774 0.9481 0.9630
August 0.9670 0.9455 0.9586
September 0.9679 0.9585 0.9647
October 0.9802 0.9590 0.9702
November 0.9762 0.9509 0.9681
December 0.9782 0.9625 0.9688