2023 MYR to GBP Historical Review

YEARLY HIGH

0.1950 GBP

YEARLY LOW

0.1654 GBP

YEARLY AVERAGE

0.1766 GBP

2023 MYR to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MYR to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.1950. Conversely, the yearly low was recorded on July 12, dropping to 0.1654.

This high-to-low spread represents a total annual volatility of 0.0296 GBP. From a start-to-finish perspective, comparing the January average rate of 0.1887 to the December average rate of 0.1695, the exchange rate registered a net change of -10.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1950 was down 3.64% compared to the 2022 peak of 0.2024, 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 3,900 GBP

2022 Average 3,686 GBP

Yearly Trough Low 3,309 GBP

Transaction Impact: A difference of 591.20 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1920

0.1670

JanuMarcMayJulySeptNove

MYR to GBP 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 0.1822, compared to 0.1711 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0111 points.

H1 Avg (Jan–Jun) 0.1822

H2 Avg (Jul–Dec) 0.1711

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0098 GBP (High: 0.1950 / Low: 0.1852). On the other end, December was the most stable month, with a tight range of 0.0033 GBP (High: 0.1709 / Low: 0.1676).

February Spread (Volatile) ±0.0098

December Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

Between July and October, 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 0.0065 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0065

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.1899) against the same month in 2022 (average: 0.1765), the exchange rate shifted by +0.0135 (+7.63%).

2023 Avg (February) 0.1899

2022 Avg (February) 0.1765

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1912	0.1872	0.1887
February	0.1950	0.1852	0.1899
March	0.1888	0.1816	0.1843
April	0.1844	0.1783	0.1816
May	0.1800	0.1741	0.1774
June	0.1757	0.1680	0.1710
July	0.1729	0.1654	0.1691
August	0.1731	0.1686	0.1708
September	0.1755	0.1702	0.1725
October	0.1754	0.1712	0.1732
November	0.1752	0.1683	0.1716
December	0.1709	0.1676	0.1695