2023 TJS to MYR Historical Review

YEARLY HIGH

0.4518 MYR

YEARLY LOW

0.4021 MYR

YEARLY AVERAGE

0.4221 MYR

2023 TJS to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.4518. Conversely, the yearly low was recorded on April 5, dropping to 0.4021.

This high-to-low spread represents a total annual volatility of 0.0498 MYR. From a start-to-finish perspective, comparing the January average rate of 0.4231 to the December average rate of 0.4258, the exchange rate registered a net change of 0.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4518 was down 4.86% compared to the 2022 peak of 0.4749, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,259 MYR

2022 Average 2,026 MYR

Yearly Trough Low 2,010 MYR

Transaction Impact: A difference of 248.80 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4354

0.4030

JanuMarcMayJulySeptNove

TJS 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 0.4185, compared to 0.4257 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0072 points.

H1 Avg (Jan–Jun) 0.4185

H2 Avg (Jul–Dec) 0.4257

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0477 MYR (High: 0.4518 / Low: 0.4042). On the other end, September was the most stable month, with a tight range of 0.0057 MYR (High: 0.4287 / Low: 0.4231).

March Spread (Volatile) ±0.0477

September Spread (Stable) ±0.0057

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 0.0186 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0186

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.4242) against the same month in 2022 (average: 0.3386), the exchange rate shifted by +0.0856 (+25.30%).

2023 Avg (March) 0.4242

2022 Avg (March) 0.3386

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4348	0.4128	0.4231
February	0.4481	0.4090	0.4203
March	0.4518	0.4042	0.4242
April	0.4137	0.4021	0.4057
May	0.4237	0.4063	0.4138
June	0.4309	0.4176	0.4238
July	0.4300	0.4132	0.4203
August	0.4246	0.4126	0.4200
September	0.4287	0.4231	0.4262
October	0.4375	0.4265	0.4327
November	0.4358	0.4224	0.4291
December	0.4304	0.4190	0.4258