YEARLY HIGH
0.2684 MYR
YEARLY LOW
0.2258 MYR
YEARLY AVERAGE
0.2522 MYR

2023 MDL to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.2684. Conversely, the yearly low was recorded on February 5, dropping to 0.2258.

This high-to-low spread represents a total annual volatility of 0.0427 MYR. From a start-to-finish perspective, comparing the January average rate of 0.2279 to the December average rate of 0.2646, the exchange rate registered a net change of 16.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2684 was up 8.32% compared to the 2022 peak of 0.2478, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,342 MYR
2022 Average 1,166 MYR
Yearly Trough Low 1,129 MYR
Transaction Impact: A difference of 213.37 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2682
0.2243
JanuMarcMayJulySeptNove

MDL 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 0.2432, compared to 0.2612 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0180 points.

H1 Avg (Jan–Jun) 0.2432
H2 Avg (Jul–Dec) 0.2612

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0130 MYR (High: 0.2636 / Low: 0.2506). On the other end, January was the most stable month, with a tight range of 0.0041 MYR (High: 0.2302 / Low: 0.2262).

July Spread (Volatile) ±0.0130
January Spread (Stable) ±0.0041

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 June and July, when the average rate fell by 0.0019 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.2646) against the same month in 2022 (average: 0.2283), the exchange rate shifted by +0.0362 (+15.87%).

2023 Avg (December) 0.2646
2022 Avg (December) 0.2283

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2302 0.2262 0.2279
February 0.2380 0.2258 0.2326
March 0.2425 0.2369 0.2402
April 0.2498 0.2411 0.2453
May 0.2606 0.2487 0.2543
June 0.2619 0.2551 0.2586
July 0.2636 0.2506 0.2567
August 0.2649 0.2548 0.2608
September 0.2622 0.2567 0.2604
October 0.2651 0.2570 0.2617
November 0.2644 0.2575 0.2628
December 0.2684 0.2613 0.2646