2023 MVR to MYR Historical Review

YEARLY HIGH

0.3108 MYR

YEARLY LOW

0.2763 MYR

YEARLY AVERAGE

0.2966 MYR

2023 MVR to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 24, valuing the pair at 0.3108. Conversely, the yearly low was recorded on January 30, dropping to 0.2763.

This high-to-low spread represents a total annual volatility of 0.0345 MYR. From a start-to-finish perspective, comparing the January average rate of 0.2814 to the December average rate of 0.3030, the exchange rate registered a net change of 7.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3108 was up 0.87% compared to the 2022 peak of 0.3082, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,554 MYR

2022 Average 1,426 MYR

Yearly Trough Low 1,382 MYR

Transaction Impact: A difference of 172.68 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3111

0.2787

JanuMarcMayJulySeptNove

MVR 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 0.2901, compared to 0.3031 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0130 points.

H1 Avg (Jan–Jun) 0.2901

H2 Avg (Jul–Dec) 0.3031

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0156 MYR (High: 0.2922 / Low: 0.2765). On the other end, September was the most stable month, with a tight range of 0.0033 MYR (High: 0.3051 / Low: 0.3018).

February Spread (Volatile) ±0.0156

September Spread (Stable) ±0.0033

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 October and November, when the average rate fell by 0.0031 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.3084) against the same month in 2022 (average: 0.3039), the exchange rate shifted by +0.0044 (+1.46%).

2023 Avg (October) 0.3084

2022 Avg (October) 0.3039

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2860	0.2763	0.2814
February	0.2922	0.2765	0.2843
March	0.2946	0.2860	0.2907
April	0.2907	0.2862	0.2881
May	0.3017	0.2891	0.2944
June	0.3055	0.2980	0.3017
July	0.3049	0.2937	0.2987
August	0.3033	0.2944	0.2999
September	0.3051	0.3018	0.3036
October	0.3108	0.3059	0.3084
November	0.3102	0.3015	0.3053
December	0.3053	0.2984	0.3030