2023 AED to MMK Historical Review

YEARLY HIGH

577.0559 MMK

YEARLY LOW

563.7487 MMK

YEARLY AVERAGE

571.5189 MMK

2023 AED to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 577.0559. Conversely, the yearly low was recorded on March 18, dropping to 563.7487.

This high-to-low spread represents a total annual volatility of 13.3072 MMK. From a start-to-finish perspective, comparing the January average rate of 571.7539 to the December average rate of 572.4059, the exchange rate registered a net change of 0.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 577.0559 was up 0.30% compared to the 2022 peak of 575.3440, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,885,279 MMK

2022 Average 2,625,734 MMK

Yearly Trough Low 2,818,743 MMK

Transaction Impact: A difference of 66,536.21 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

572.5518

570.8016

JanuMarcMayJulySeptNove

AED to MMK 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 571.5017, compared to 571.5361 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0344 points.

H1 Avg (Jan–Jun) 571.5017

H2 Avg (Jul–Dec) 571.5361

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 8.6623 MMK (High: 572.4109 / Low: 563.7487). On the other end, January was the most stable month, with a tight range of 2.4801 MMK (High: 572.2933 / Low: 569.8132).

March Spread (Volatile) ±8.6623

January Spread (Stable) ±2.4801

Growth Streaks & Declines

Trends

Between March and June, 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 February and March, when the average rate fell by 0.8645 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.8645

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 571.8120) against the same month in 2022 (average: 484.0262), the exchange rate shifted by +87.7858 (+18.14%).

2023 Avg (February) 571.8120

2022 Avg (February) 484.0262

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	572.2933	569.8132	571.7539
February	577.0559	568.5144	571.8120
March	572.4109	563.7487	570.9475
April	572.5927	564.3608	571.2514
May	572.9368	570.1135	571.5993
June	573.9172	568.2147	571.6461
July	572.6957	566.3361	571.0594
August	573.8881	568.0646	571.7225
September	572.9511	569.7273	571.6171
October	572.9531	569.1864	571.3277
November	572.2079	567.0593	571.0842
December	574.8976	571.2930	572.4059