YEARLY HIGH
1.1215 LYD
YEARLY LOW
1.0193 LYD
YEARLY AVERAGE
1.0556 LYD

2023 MYR to LYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MYR to LYD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 1.1215. Conversely, the yearly low was recorded on June 25, dropping to 1.0193.

This high-to-low spread represents a total annual volatility of 0.1022 LYD. From a start-to-finish perspective, comparing the January average rate of 1.1048 to the December average rate of 1.0323, the exchange rate registered a net change of -6.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.1215 was up 0.62% compared to the 2022 peak of 1.1146, 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 22,430 LYD
2022 Average 21,852 LYD
Yearly Trough Low 20,386 LYD
Transaction Impact: A difference of 2,043.52 LYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.1122
1.0233
JanuMarcMayJulySeptNove

MYR to LYD 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 1.0755, compared to 1.0357 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0398 points.

H1 Avg (Jan–Jun) 1.0755
H2 Avg (Jul–Dec) 1.0357

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0445 LYD (High: 1.1215 / Low: 1.0770). On the other end, September was the most stable month, with a tight range of 0.0102 LYD (High: 1.0433 / Low: 1.0332).

February Spread (Volatile) ±0.0445
September Spread (Stable) ±0.0102

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 February and March, when the average rate fell by 0.0234 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0234

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 1.0985) against the same month in 2022 (average: 1.0961), the exchange rate shifted by +0.0024 (+0.22%).

2023 Avg (February) 1.0985
2022 Avg (February) 1.0961

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1212 1.0906 1.1048
February 1.1215 1.0770 1.0985
March 1.0853 1.0601 1.0751
April 1.0850 1.0567 1.0761
May 1.0711 1.0401 1.0586
June 1.0590 1.0193 1.0401
July 1.0547 1.0231 1.0385
August 1.0577 1.0341 1.0432
September 1.0433 1.0332 1.0366
October 1.0427 1.0202 1.0307
November 1.0516 1.0243 1.0330
December 1.0390 1.0222 1.0323