2023 BAM to MMK Historical Review

YEARLY HIGH

1208.7461 MMK

YEARLY LOW

1124.8324 MMK

YEARLY AVERAGE

1161.1573 MMK

2023 BAM to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 1208.7461. Conversely, the yearly low was recorded on October 3, dropping to 1124.8324.

This high-to-low spread represents a total annual volatility of 83.9137 MMK. From a start-to-finish perspective, comparing the January average rate of 1155.4909 to the December average rate of 1173.2754, the exchange rate registered a net change of 1.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1208.7461 was up 5.60% compared to the 2022 peak of 1144.6943, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,043,731 MMK

2022 Average 5,183,646 MMK

Yearly Trough Low 5,624,162 MMK

Transaction Impact: A difference of 419,568.51 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1191.2048

1128.7688

JanuMarcMayJulySeptNove

BAM 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 1160.2570, compared to 1162.0577 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8007 points.

H1 Avg (Jan–Jun) 1160.2570

H2 Avg (Jul–Dec) 1162.0577

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 47.4982 MMK (High: 1181.5528 / Low: 1134.0546). On the other end, October was the most stable month, with a tight range of 19.3039 MMK (High: 1144.1363 / Low: 1124.8324).

February Spread (Volatile) ±47.4982

October Spread (Stable) ±19.3039

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 23.7141 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -23.7141

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1186.0018) against the same month in 2022 (average: 965.4425), the exchange rate shifted by +220.5593 (+22.85%).

2023 Avg (July) 1186.0018

2022 Avg (July) 965.4425

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1170.3917	1126.8297	1155.4909
February	1181.5528	1134.0546	1150.4668
March	1168.7131	1131.5496	1147.7417
April	1187.3927	1167.0375	1177.1445
May	1187.5983	1150.5123	1167.3170
June	1181.6175	1148.1189	1163.3811
July	1208.7461	1165.3526	1186.0018
August	1184.2697	1159.9230	1171.8091
September	1164.6376	1131.6988	1148.0951
October	1144.1363	1124.8324	1133.9718
November	1179.5015	1132.0132	1159.1931
December	1194.0027	1156.1938	1173.2754