2023 MYR to BND Historical Review

YEARLY HIGH

0.3107 BND

YEARLY LOW

0.2837 BND

YEARLY AVERAGE

0.2946 BND

2023 MYR to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MYR to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.3107. Conversely, the yearly low was recorded on December 18, dropping to 0.2837.

This high-to-low spread represents a total annual volatility of 0.0270 BND. From a start-to-finish perspective, comparing the January average rate of 0.3066 to the December average rate of 0.2861, the exchange rate registered a net change of -6.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3107 was down 5.00% compared to the 2022 peak of 0.3270, 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 6,213 BND

2022 Average 6,273 BND

Yearly Trough Low 5,674 BND

Transaction Impact: A difference of 539.11 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3086

0.2840

JanuMarcMayJulySeptNove

MYR to BND 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 0.2999, compared to 0.2894 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0104 points.

H1 Avg (Jan–Jun) 0.2999

H2 Avg (Jul–Dec) 0.2894

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0102 BND (High: 0.3107 / Low: 0.3005). On the other end, September was the most stable month, with a tight range of 0.0024 BND (High: 0.2925 / Low: 0.2901).

February Spread (Volatile) ±0.0102

September Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0057 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.3051) against the same month in 2022 (average: 0.3215), the exchange rate shifted by -0.0164 (-5.09%).

2023 Avg (February) 0.3051

2022 Avg (February) 0.3215

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3097	0.3042	0.3066
February	0.3107	0.3005	0.3051
March	0.3015	0.2952	0.2997
April	0.3021	0.2958	0.3006
May	0.2991	0.2916	0.2964
June	0.2951	0.2875	0.2907
July	0.2937	0.2872	0.2906
August	0.2953	0.2908	0.2930
September	0.2925	0.2901	0.2911
October	0.2912	0.2855	0.2884
November	0.2918	0.2850	0.2875
December	0.2877	0.2837	0.2861