YEARLY HIGH
1502.4493 MMK
YEARLY LOW
1320.5079 MMK
YEARLY AVERAGE
1395.1579 MMK

2023 AUD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AUD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 28, valuing the pair at 1502.4493. Conversely, the yearly low was recorded on October 13, dropping to 1320.5079.

This high-to-low spread represents a total annual volatility of 181.9415 MMK. From a start-to-finish perspective, comparing the January average rate of 1461.5059 to the December average rate of 1409.2573, the exchange rate registered a net change of -3.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1502.4493 was up 0.36% compared to the 2022 peak of 1497.0054, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,512,247 MMK
2022 Average 6,683,401 MMK
Yearly Trough Low 6,602,539 MMK
Transaction Impact: A difference of 909,707.33 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1474.4613
1318.9965
JanuMarcMayJulySeptNove

AUD 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 1419.4348, compared to 1370.8811 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 48.5537 points.

H1 Avg (Jan–Jun) 1419.4348
H2 Avg (Jul–Dec) 1370.8811

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 90.0213 MMK (High: 1502.4493 / Low: 1412.4281). On the other end, September was the most stable month, with a tight range of 23.0028 MMK (High: 1357.5807 / Low: 1334.5779).

January Spread (Volatile) ±90.0213
September Spread (Stable) ±23.0028

Growth Streaks & Declines

Trends

Between May and July, 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 July and August, when the average rate fell by 50.7376 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -50.7376

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1461.5059) against the same month in 2022 (average: 1275.0770), the exchange rate shifted by +186.4290 (+14.62%).

2023 Avg (January) 1461.5059
2022 Avg (January) 1275.0770

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1502.4493 1412.4281 1461.5059
February 1500.8642 1411.4388 1446.4868
March 1421.7521 1374.0361 1400.9730
April 1425.7569 1369.8357 1402.6124
May 1425.0627 1364.2781 1394.0290
June 1445.7320 1380.6312 1411.0015
July 1446.2383 1389.2261 1411.4545
August 1390.2614 1338.9755 1360.7168
September 1357.5807 1334.5779 1348.3940
October 1354.6991 1320.5079 1331.9519
November 1396.7812 1331.0074 1363.5119
December 1440.8886 1376.3799 1409.2573