2023 MYR to ALL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 MYR to ALL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the MYR to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 25.3156. Conversely, the yearly low was recorded on July 20, dropping to 19.7431.
This high-to-low spread represents a total annual volatility of 5.5725 ALL. From a start-to-finish perspective, comparing the January average rate of 24.9381 to the December average rate of 20.2190, the exchange rate registered a net change of -18.92% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 25.3156 was down 8.66% compared to the 2022 peak of 27.7166, indicating shifts in long-term support levels.
Comparing the value generated converting 20,000 MYR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
MYR to ALL Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 23.4667, compared to 20.7592 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.7075 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was August, with a trading range of 1.5136 ALL (High: 22.0677 / Low: 20.5542). On the other end, September was the most stable month, with a tight range of 0.3375 ALL (High: 21.5517 / Low: 21.2142).
Growth Streaks & Declines
TrendsBetween July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 1.2437 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 24.9381) against the same month in 2022 (average: 25.5919), the exchange rate shifted by -0.6538 (-2.55%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 25.3156 | 24.2812 | 24.9381 |
| February | 25.3149 | 24.1607 | 24.7576 |
| March | 24.2325 | 23.6286 | 23.9151 |
| April | 23.6374 | 22.4366 | 23.1491 |
| May | 23.1537 | 22.2594 | 22.6421 |
| June | 22.2009 | 20.8668 | 21.3984 |
| July | 21.0431 | 19.7431 | 20.3522 |
| August | 22.0677 | 20.5542 | 21.0149 |
| September | 21.5517 | 21.2142 | 21.3874 |
| October | 21.4749 | 20.8097 | 21.1010 |
| November | 21.1063 | 19.9335 | 20.4807 |
| December | 20.4023 | 19.8880 | 20.2190 |