2023 MYR to JPY Historical Review

YEARLY HIGH

32.3889 JPY

YEARLY LOW

29.2910 JPY

YEARLY AVERAGE

30.7999 JPY

2023 MYR to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MYR to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 7, valuing the pair at 32.3889. Conversely, the yearly low was recorded on March 20, dropping to 29.2910.

This high-to-low spread represents a total annual volatility of 3.0979 JPY. From a start-to-finish perspective, comparing the January average rate of 30.0775 to the December average rate of 30.8467, the exchange rate registered a net change of 2.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 32.3889 was up 0.99% compared to the 2022 peak of 32.0709, 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 647,779 JPY

2022 Average 596,684 JPY

Yearly Trough Low 585,820 JPY

Transaction Impact: A difference of 61,958.29 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

32.1424

29.6811

JanuMarcMayJulySeptNove

MYR to JPY 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 30.2618, compared to 31.3381 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0763 points.

H1 Avg (Jan–Jun) 30.2618

H2 Avg (Jul–Dec) 31.3381

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 1.6750 JPY (High: 31.4159 / Low: 29.7409). On the other end, September was the most stable month, with a tight range of 0.4367 JPY (High: 31.8141 / Low: 31.3774).

July Spread (Volatile) ±1.6750

September Spread (Stable) ±0.4367

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.0906 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -1.0906

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 31.9373) against the same month in 2022 (average: 30.7616), the exchange rate shifted by +1.1757 (+3.82%).

2023 Avg (November) 31.9373

2022 Avg (November) 30.7616

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	30.7461	29.5029	30.0775
February	31.0967	30.2583	30.5134
March	30.6809	29.2910	29.8863
April	30.5810	29.7687	30.1853
May	30.6207	30.1218	30.3773
June	30.9957	30.0718	30.5308
July	31.4159	29.7409	30.7379
August	31.6832	31.1165	31.4110
September	31.8141	31.3774	31.5784
October	31.8473	31.2857	31.5174
November	32.3889	31.4697	31.9373
December	31.6280	30.3816	30.8467