2023 SBD to MYR Historical Review

YEARLY HIGH

0.5697 MYR

YEARLY LOW

0.5149 MYR

YEARLY AVERAGE

0.5463 MYR

2023 SBD to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 24, valuing the pair at 0.5697. Conversely, the yearly low was recorded on January 26, dropping to 0.5149.

This high-to-low spread represents a total annual volatility of 0.0547 MYR. From a start-to-finish perspective, comparing the January average rate of 0.5237 to the December average rate of 0.5507, the exchange rate registered a net change of 5.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5697 was down 1.77% compared to the 2022 peak of 0.5799, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,848 MYR

2022 Average 2,703 MYR

Yearly Trough Low 2,575 MYR

Transaction Impact: A difference of 273.65 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5666

0.5198

JanuMarcMayJulySeptNove

SBD 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 0.5381, compared to 0.5544 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0163 points.

H1 Avg (Jan–Jun) 0.5381

H2 Avg (Jul–Dec) 0.5544

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0299 MYR (High: 0.5451 / Low: 0.5152). On the other end, April was the most stable month, with a tight range of 0.0062 MYR (High: 0.5365 / Low: 0.5304).

February Spread (Volatile) ±0.0299

April Spread (Stable) ±0.0062

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0096 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0096

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.5627) against the same month in 2022 (average: 0.5745), the exchange rate shifted by -0.0118 (-2.06%).

2023 Avg (October) 0.5627

2022 Avg (October) 0.5745

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5331	0.5149	0.5237
February	0.5451	0.5152	0.5302
March	0.5512	0.5345	0.5432
April	0.5365	0.5304	0.5336
May	0.5555	0.5335	0.5426
June	0.5621	0.5488	0.5553
July	0.5603	0.5394	0.5490
August	0.5569	0.5403	0.5508
September	0.5625	0.5535	0.5572
October	0.5697	0.5562	0.5627
November	0.5668	0.5495	0.5560
December	0.5550	0.5452	0.5507