YEARLY HIGH
0.0442 MYR
YEARLY LOW
0.0390 MYR
YEARLY AVERAGE
0.0421 MYR

2023 RSD to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 12, valuing the pair at 0.0442. Conversely, the yearly low was recorded on February 6, dropping to 0.0390.

This high-to-low spread represents a total annual volatility of 0.0052 MYR. From a start-to-finish perspective, comparing the January average rate of 0.0398 to the December average rate of 0.0434, the exchange rate registered a net change of 9.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0442 was up 7.68% compared to the 2022 peak of 0.0410, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 221 MYR
2022 Average 197 MYR
Yearly Trough Low 195 MYR
Transaction Impact: A difference of 25.96 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0438
0.0394
JanuMarcMayJulySeptNove

RSD 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 0.0411, compared to 0.0430 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0411
H2 Avg (Jul–Dec) 0.0430

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0018 MYR (High: 0.0442 / Low: 0.0424). On the other end, September was the most stable month, with a tight range of 0.0007 MYR (High: 0.0428 / Low: 0.0422).

July Spread (Volatile) ±0.0018
September Spread (Stable) ±0.0007

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 July and August, when the average rate fell by 0.0004 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0433) against the same month in 2022 (average: 0.0386), the exchange rate shifted by +0.0048 (+12.33%).

2023 Avg (July) 0.0433
2022 Avg (July) 0.0386

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0404 0.0392 0.0398
February 0.0405 0.0390 0.0398
March 0.0413 0.0403 0.0408
April 0.0423 0.0408 0.0414
May 0.0426 0.0413 0.0419
June 0.0436 0.0418 0.0428
July 0.0442 0.0424 0.0433
August 0.0432 0.0424 0.0429
September 0.0428 0.0422 0.0426
October 0.0434 0.0421 0.0428
November 0.0438 0.0425 0.0433
December 0.0439 0.0428 0.0434