2023 RON to MYR Historical Review

YEARLY HIGH

1.0472 MYR

YEARLY LOW

0.9345 MYR

YEARLY AVERAGE

0.9968 MYR

2023 RON to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 12, valuing the pair at 1.0472. Conversely, the yearly low was recorded on February 6, dropping to 0.9345.

This high-to-low spread represents a total annual volatility of 0.1127 MYR. From a start-to-finish perspective, comparing the January average rate of 0.9476 to the December average rate of 1.0233, the exchange rate registered a net change of 8.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0472 was up 6.65% compared to the 2022 peak of 0.9819, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 RON based on timing:

Yearly Peak High 5,236 MYR

2022 Average 4,694 MYR

Yearly Trough Low 4,673 MYR

Transaction Impact: A difference of 563.66 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0358

0.9395

JanuMarcMayJulySeptNove

RON to MYR 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 0.9761, compared to 1.0175 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0414 points.

H1 Avg (Jan–Jun) 0.9761

H2 Avg (Jul–Dec) 1.0175

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0444 MYR (High: 1.0306 / Low: 0.9861). On the other end, August was the most stable month, with a tight range of 0.0208 MYR (High: 1.0265 / Low: 1.0057).

June Spread (Volatile) ±0.0444

August Spread (Stable) ±0.0208

Growth Streaks & Declines

Trends

Between January and July, 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 August and September, when the average rate fell by 0.0113 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0113

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1.0277) against the same month in 2022 (average: 0.9166), the exchange rate shifted by +0.1112 (+12.13%).

2023 Avg (July) 1.0277

2022 Avg (July) 0.9166

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9603	0.9371	0.9476
February	0.9657	0.9345	0.9516
March	0.9855	0.9604	0.9715
April	0.9970	0.9639	0.9825
May	1.0093	0.9821	0.9916
June	1.0306	0.9861	1.0118
July	1.0472	1.0075	1.0277
August	1.0265	1.0057	1.0175
September	1.0157	0.9942	1.0063
October	1.0236	0.9938	1.0093
November	1.0344	0.9998	1.0210
December	1.0345	1.0107	1.0233