YEARLY HIGH
4.2020 MMK
YEARLY LOW
2.5019 MMK
YEARLY AVERAGE
3.2337 MMK

2023 AOA to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AOA to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 4.2020. Conversely, the yearly low was recorded on November 5, dropping to 2.5019.

This high-to-low spread represents a total annual volatility of 1.7001 MMK. From a start-to-finish perspective, comparing the January average rate of 4.1684 to the December average rate of 2.5298, the exchange rate registered a net change of -39.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 4.2020 was down 14.66% compared to the 2022 peak of 4.9241, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 21,010 MMK
2022 Average 21,108 MMK
Yearly Trough Low 12,509 MMK
Transaction Impact: A difference of 8,500.69 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

4.3325
2.3633
JanuMarcMayJulySeptNove

AOA 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 3.9321, compared to 2.5352 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3969 points.

H1 Avg (Jan–Jun) 3.9321
H2 Avg (Jul–Dec) 2.5352

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 1.0167 MMK (High: 3.5607 / Low: 2.5441). On the other end, December was the most stable month, with a tight range of 0.0191 MMK (High: 2.5420 / Low: 2.5229).

June Spread (Volatile) ±1.0167
December Spread (Stable) ±0.0191

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.9435 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.9435

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 4.1591) against the same month in 2022 (average: 3.4567), the exchange rate shifted by +0.7024 (+20.32%).

2023 Avg (February) 4.1591
2022 Avg (February) 3.4567

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.1764 4.1546 4.1684
February 4.2020 4.1285 4.1591
March 4.1687 4.0945 4.1448
April 4.1518 4.0729 4.1333
May 4.1318 3.5970 3.9653
June 3.5607 2.5441 3.0218
July 2.5489 2.5168 2.5409
August 2.5550 2.5267 2.5428
September 2.5475 2.5181 2.5354
October 2.5449 2.5234 2.5350
November 2.5388 2.5019 2.5274
December 2.5420 2.5229 2.5298