2023 MYR to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 MYR to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the MYR to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 1741.4012. Conversely, the yearly low was recorded on October 4, dropping to 1539.2096.
This high-to-low spread represents a total annual volatility of 202.1916 PYG. From a start-to-finish perspective, comparing the January average rate of 1704.5059 to the December average rate of 1579.9420, the exchange rate registered a net change of -7.31% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 1741.4012 was up 2.80% compared to the 2022 peak of 1693.9064, indicating shifts in long-term support levels.
Comparing the value generated converting 20,000 MYR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
MYR to PYG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1627.3909, compared to 1572.0525 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 55.3384 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 108.6588 PYG (High: 1732.2740 / Low: 1623.6152). On the other end, September was the most stable month, with a tight range of 20.3976 PYG (High: 1566.0850 / Low: 1545.6874).
Growth Streaks & Declines
TrendsNo 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 64.9385 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 1704.5059) against the same month in 2022 (average: 1662.6194), the exchange rate shifted by +41.8864 (+2.52%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1741.4012 | 1656.9335 | 1704.5059 |
| February | 1732.2740 | 1623.6152 | 1673.1133 |
| March | 1632.3310 | 1584.5497 | 1608.1748 |
| April | 1632.8130 | 1603.1005 | 1617.9447 |
| May | 1615.8833 | 1562.6908 | 1594.2899 |
| June | 1587.5625 | 1547.7106 | 1566.3166 |
| July | 1609.8078 | 1546.7179 | 1581.5719 |
| August | 1609.3087 | 1556.6527 | 1577.6557 |
| September | 1566.0850 | 1545.6874 | 1554.3135 |
| October | 1568.6937 | 1539.2096 | 1553.3454 |
| November | 1611.6012 | 1563.3213 | 1585.4864 |
| December | 1593.8059 | 1556.7040 | 1579.9420 |