2023 AUD to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 AUD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |