2023 AZN to MMK Historical Review

YEARLY HIGH

1246.7836 MMK

YEARLY LOW

1217.9956 MMK

YEARLY AVERAGE

1234.6869 MMK

2023 AZN to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 1246.7836. Conversely, the yearly low was recorded on March 19, dropping to 1217.9956.

This high-to-low spread represents a total annual volatility of 28.7880 MMK. From a start-to-finish perspective, comparing the January average rate of 1235.2993 to the December average rate of 1236.5762, the exchange rate registered a net change of 0.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1246.7836 was up 0.30% compared to the 2022 peak of 1243.0950, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,233,918 MMK

2022 Average 5,673,196 MMK

Yearly Trough Low 6,089,978 MMK

Transaction Impact: A difference of 143,940.14 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1236.9105

1232.8988

JanuMarcMayJulySeptNove

AZN 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 1234.6145, compared to 1234.7593 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1448 points.

H1 Avg (Jan–Jun) 1234.6145

H2 Avg (Jul–Dec) 1234.7593

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 18.6427 MMK (High: 1236.6383 / Low: 1217.9956). On the other end, January was the most stable month, with a tight range of 5.2894 MMK (High: 1236.4312 / Low: 1231.1417).

March Spread (Volatile) ±18.6427

January Spread (Stable) ±5.2894

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 2.2128 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.2128

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 1235.4459) against the same month in 2022 (average: 1045.7988), the exchange rate shifted by +189.6472 (+18.13%).

2023 Avg (February) 1235.4459

2022 Avg (February) 1045.7988

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1236.4312	1231.1417	1235.2993
February	1246.7836	1228.3256	1235.4459
March	1236.6383	1217.9956	1233.2331
April	1236.9906	1219.0128	1234.0337
May	1237.6127	1231.4788	1234.7221
June	1239.9784	1227.6779	1234.9526
July	1237.3562	1223.6141	1233.6989
August	1239.9359	1227.3653	1235.2697
September	1237.9249	1230.9193	1235.0328
October	1237.9249	1229.7874	1234.4117
November	1236.2889	1225.1860	1233.5664
December	1241.9816	1234.2281	1236.5762