2023 SRD to MYR Historical Review

YEARLY HIGH

0.1395 MYR

YEARLY LOW

0.1173 MYR

YEARLY AVERAGE

0.1249 MYR

2023 SRD to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.1395. Conversely, the yearly low was recorded on August 1, dropping to 0.1173.

This high-to-low spread represents a total annual volatility of 0.0223 MYR. From a start-to-finish perspective, comparing the January average rate of 0.1361 to the December average rate of 0.1247, the exchange rate registered a net change of -8.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1395 was down 33.66% compared to the 2022 peak of 0.2103, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 698 MYR

2022 Average 926 MYR

Yearly Trough Low 586 MYR

Transaction Impact: A difference of 111.37 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1376

0.1188

JanuMarcMayJulySeptNove

SRD 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 0.1271, compared to 0.1227 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 0.1271

H2 Avg (Jul–Dec) 0.1227

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0113 MYR (High: 0.1335 / Low: 0.1222). On the other end, September was the most stable month, with a tight range of 0.0026 MYR (High: 0.1232 / Low: 0.1206).

March Spread (Volatile) ±0.0113

September Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between April and June, 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 March and April, when the average rate fell by 0.0090 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0090

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1361) against the same month in 2022 (average: 0.1980), the exchange rate shifted by -0.0619 (-31.28%).

2023 Avg (January) 0.1361

2022 Avg (January) 0.1980

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1395	0.1322	0.1361
February	0.1350	0.1309	0.1331
March	0.1335	0.1222	0.1293
April	0.1236	0.1186	0.1203
May	0.1240	0.1175	0.1210
June	0.1242	0.1213	0.1228
July	0.1257	0.1173	0.1209
August	0.1218	0.1173	0.1205
September	0.1232	0.1206	0.1222
October	0.1260	0.1225	0.1244
November	0.1251	0.1216	0.1235
December	0.1260	0.1232	0.1247