2023 ALL to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 ALL to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the ALL to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 23.4154. Conversely, the yearly low was recorded on January 8, dropping to 18.8553.
This high-to-low spread represents a total annual volatility of 4.5602 MMK. From a start-to-finish perspective, comparing the January average rate of 19.4592 to the December average rate of 22.3244, the exchange rate registered a net change of 14.72% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 23.4154 was up 18.35% compared to the 2022 peak of 19.7855, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ALL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
ALL to MMK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 20.1213, compared to 21.7071 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5858 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was August, with a trading range of 2.0820 MMK (High: 22.6030 / Low: 20.5210). On the other end, September was the most stable month, with a tight range of 0.4188 MMK (High: 21.1542 / Low: 20.7355).
Growth Streaks & Declines
TrendsBetween February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.7605 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 22.4522) against the same month in 2022 (average: 16.0715), the exchange rate shifted by +6.3807 (+39.70%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 19.6488 | 18.8553 | 19.4592 |
| February | 19.7897 | 19.2993 | 19.4379 |
| March | 20.1195 | 19.3207 | 19.6184 |
| April | 20.8959 | 20.1195 | 20.4851 |
| May | 20.8337 | 20.0388 | 20.5243 |
| June | 21.5720 | 20.5616 | 21.2031 |
| July | 23.4154 | 21.3909 | 22.4522 |
| August | 22.6030 | 20.5210 | 21.6917 |
| September | 21.1542 | 20.7355 | 20.9737 |
| October | 21.1771 | 20.7442 | 20.9589 |
| November | 22.5383 | 20.9938 | 21.8417 |
| December | 22.6025 | 22.1420 | 22.3244 |