YEARLY HIGH
0.2180 CHF
YEARLY LOW
0.1820 CHF
YEARLY AVERAGE
0.1974 CHF

2023 MYR to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MYR to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 0.2180. Conversely, the yearly low was recorded on December 27, dropping to 0.1820.

This high-to-low spread represents a total annual volatility of 0.0360 CHF. From a start-to-finish perspective, comparing the January average rate of 0.2135 to the December average rate of 0.1855, the exchange rate registered a net change of -13.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2180 was down 4.52% compared to the 2022 peak of 0.2284, 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 4,361 CHF
2022 Average 4,343 CHF
Yearly Trough Low 3,641 CHF
Transaction Impact: A difference of 719.96 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2163
0.1827
JanuMarcMayJulySeptNove

MYR to CHF 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 0.2049, compared to 0.1898 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0151 points.

H1 Avg (Jan–Jun) 0.2049
H2 Avg (Jul–Dec) 0.1898

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0092 CHF (High: 0.2176 / Low: 0.2084). On the other end, August was the most stable month, with a tight range of 0.0043 CHF (High: 0.1930 / Low: 0.1887).

February Spread (Volatile) ±0.0092
August Spread (Stable) ±0.0043

Growth Streaks & Declines

Trends

Between 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 February and March, when the average rate fell by 0.0053 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2135) against the same month in 2022 (average: 0.2193), the exchange rate shifted by -0.0058 (-2.65%).

2023 Avg (January) 0.2135
2022 Avg (January) 0.2193

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2180 0.2099 0.2135
February 0.2176 0.2084 0.2123
March 0.2105 0.2029 0.2070
April 0.2080 0.1999 0.2032
May 0.2023 0.1957 0.1988
June 0.1988 0.1916 0.1945
July 0.1931 0.1863 0.1904
August 0.1930 0.1887 0.1906
September 0.1956 0.1901 0.1921
October 0.1950 0.1865 0.1904
November 0.1940 0.1869 0.1900
December 0.1887 0.1820 0.1855