2023 MYR to BTN Historical Review

YEARLY HIGH

19.3963 BTN

YEARLY LOW

17.3479 BTN

YEARLY AVERAGE

18.1194 BTN

2023 MYR to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MYR to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 19.3963. Conversely, the yearly low was recorded on October 24, dropping to 17.3479.

This high-to-low spread represents a total annual volatility of 2.0484 BTN. From a start-to-finish perspective, comparing the January average rate of 18.9056 to the December average rate of 17.8904, the exchange rate registered a net change of -5.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 19.3963 was up 3.19% compared to the 2022 peak of 18.7976, 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 387,926 BTN

2022 Average 357,328 BTN

Yearly Trough Low 346,958 BTN

Transaction Impact: A difference of 40,968.38 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

19.0648

17.3831

JanuMarcMayJulySeptNove

MYR to BTN 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 18.4508, compared to 17.7880 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6629 points.

H1 Avg (Jan–Jun) 18.4508

H2 Avg (Jul–Dec) 17.7880

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.9782 BTN (High: 19.3963 / Low: 18.4181). On the other end, September was the most stable month, with a tight range of 0.2212 BTN (High: 17.8456 / Low: 17.6244).

February Spread (Volatile) ±0.9782

September Spread (Stable) ±0.2212

Growth Streaks & Declines

Trends

Between June and August, 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 0.5319 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.5319

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 18.9247) against the same month in 2022 (average: 17.8931), the exchange rate shifted by +1.0315 (+5.77%).

2023 Avg (February) 18.9247

2022 Avg (February) 17.8931

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.2413	18.6553	18.9056
February	19.3963	18.4181	18.9247
March	18.6368	18.0529	18.3928
April	18.6853	18.0982	18.5091
May	18.4953	17.8784	18.2166
June	18.0419	17.4210	17.7563
July	18.1695	17.4583	17.8785
August	18.2023	17.7402	17.9646
September	17.8456	17.6244	17.7341
October	17.7245	17.3479	17.5233
November	17.9476	17.4530	17.7369
December	18.1481	17.6903	17.8904