2023 MYR to STD Historical Review

YEARLY HIGH

5377.9431 STD

YEARLY LOW

4651.7328 STD

YEARLY AVERAGE

4961.0126 STD

2023 MYR to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MYR to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 5377.9431. Conversely, the yearly low was recorded on October 24, dropping to 4651.7328.

This high-to-low spread represents a total annual volatility of 726.2103 STD. From a start-to-finish perspective, comparing the January average rate of 5273.8942 to the December average rate of 4784.2084, the exchange rate registered a net change of -9.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 5377.9431 was up 1.16% compared to the 2022 peak of 5316.4719, 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 107,558,862 STD

2022 Average 100,835,116 STD

Yearly Trough Low 93,034,656 STD

Transaction Impact: A difference of 14,524,206.41 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

5331.7139

4637.8766

JanuMarcMayJulySeptNove

MYR to STD 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 5125.4364, compared to 4796.5888 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 328.8476 points.

H1 Avg (Jan–Jun) 5125.4364

H2 Avg (Jul–Dec) 4796.5888

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 289.2839 STD (High: 5375.4099 / Low: 5086.1260). On the other end, September was the most stable month, with a tight range of 62.1124 STD (High: 4794.3626 / Low: 4732.2502).

February Spread (Volatile) ±289.2839

September Spread (Stable) ±62.1124

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 123.4751 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -123.4751

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 5273.8942) against the same month in 2022 (average: 5048.7714), the exchange rate shifted by +225.1228 (+4.46%).

2023 Avg (January) 5273.8942

2022 Avg (January) 5048.7714

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	5377.9431	5180.2067	5273.8942
February	5375.4099	5086.1260	5229.8478
March	5175.5081	5044.5332	5106.3727
April	5189.0396	5114.0467	5158.4979
May	5144.0141	4934.3834	5053.1052
June	4986.1257	4880.5710	4930.9006
July	5047.3221	4886.8409	4954.9330
August	4927.4215	4787.1522	4833.8842
September	4794.3626	4732.2502	4760.4263
October	4745.5541	4651.7328	4695.6964
November	4805.7371	4669.7684	4750.3845
December	4849.1404	4740.8085	4784.2084