2023 MYR to BBD Historical Review

YEARLY HIGH

0.4713 BBD

YEARLY LOW

0.4175 BBD

YEARLY AVERAGE

0.4391 BBD

2023 MYR to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MYR to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 0.4713. Conversely, the yearly low was recorded on October 24, dropping to 0.4175.

This high-to-low spread represents a total annual volatility of 0.0537 BBD. From a start-to-finish perspective, comparing the January average rate of 0.4621 to the December average rate of 0.4294, the exchange rate registered a net change of -7.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4713 was down 1.68% compared to the 2022 peak of 0.4793, 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 9,425 BBD

2022 Average 9,104 BBD

Yearly Trough Low 8,351 BBD

Transaction Impact: A difference of 1,074.34 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4662

0.4174

JanuMarcMayJulySeptNove

MYR to BBD 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 0.4491, compared to 0.4290 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0201 points.

H1 Avg (Jan–Jun) 0.4491

H2 Avg (Jul–Dec) 0.4290

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0253 BBD (High: 0.4710 / Low: 0.4457). On the other end, September was the most stable month, with a tight range of 0.0056 BBD (High: 0.4303 / Low: 0.4248).

February Spread (Volatile) ±0.0253

September Spread (Stable) ±0.0056

Growth Streaks & Declines

Trends

Between October and December, 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 February and March, when the average rate fell by 0.0108 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0108

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.4621) against the same month in 2022 (average: 0.4774), the exchange rate shifted by -0.0153 (-3.20%).

2023 Avg (January) 0.4621

2022 Avg (January) 0.4774

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4713	0.4539	0.4621
February	0.4710	0.4457	0.4583
March	0.4535	0.4420	0.4475
April	0.4547	0.4481	0.4520
May	0.4508	0.4324	0.4428
June	0.4369	0.4277	0.4321
July	0.4423	0.4282	0.4355
August	0.4423	0.4297	0.4339
September	0.4303	0.4248	0.4273
October	0.4260	0.4175	0.4215
November	0.4314	0.4192	0.4264
December	0.4353	0.4255	0.4294