YEARLY HIGH
1741.4012 PYG
YEARLY LOW
1539.2096 PYG
YEARLY AVERAGE
1599.7217 PYG

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.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 34,828,023 PYG
2022 Average 31,766,327 PYG
Yearly Trough Low 30,784,192 PYG
Transaction Impact: A difference of 4,043,831.74 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1719.6219
1538.2294
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 1627.3909
H2 Avg (Jul–Dec) 1572.0525

Volatility Range Comparison

Volatility

The 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).

February Spread (Volatile) ±108.6588
September Spread (Stable) ±20.3976

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 64.9385 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -64.9385

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (January) 1704.5059
2022 Avg (January) 1662.6194

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