2023 MYR to AUD Historical Review

YEARLY HIGH

0.3410 AUD

YEARLY LOW

0.3142 AUD

YEARLY AVERAGE

0.3303 AUD

2023 MYR to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MYR to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 10, valuing the pair at 0.3410. Conversely, the yearly low was recorded on June 15, dropping to 0.3142.

This high-to-low spread represents a total annual volatility of 0.0268 AUD. From a start-to-finish perspective, comparing the January average rate of 0.3320 to the December average rate of 0.3203, the exchange rate registered a net change of -3.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3410 was down 0.60% compared to the 2022 peak of 0.3431, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 6,821 AUD

2022 Average 6,556 AUD

Yearly Trough Low 6,284 AUD

Transaction Impact: A difference of 536.66 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3398

0.3186

JanuMarcMayJulySeptNove

MYR to AUD 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 0.3321, compared to 0.3286 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.3321

H2 Avg (Jul–Dec) 0.3286

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0169 AUD (High: 0.3311 / Low: 0.3142). On the other end, August was the most stable month, with a tight range of 0.0052 AUD (High: 0.3370 / Low: 0.3318).

June Spread (Volatile) ±0.0169

August Spread (Stable) ±0.0052

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.0118 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0118

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.3381) against the same month in 2022 (average: 0.3185), the exchange rate shifted by +0.0195 (+6.13%).

2023 Avg (April) 0.3381

2022 Avg (April) 0.3185

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3375	0.3284	0.3320
February	0.3404	0.3267	0.3327
March	0.3397	0.3298	0.3349
April	0.3410	0.3334	0.3381
May	0.3381	0.3307	0.3334
June	0.3311	0.3142	0.3215
July	0.3303	0.3163	0.3236
August	0.3370	0.3318	0.3348
September	0.3365	0.3294	0.3327
October	0.3363	0.3282	0.3320
November	0.3350	0.3215	0.3280
December	0.3271	0.3152	0.3203