2023 BBD to MMK Historical Review

YEARLY HIGH

1059.7660 MMK

YEARLY LOW

1035.2962 MMK

YEARLY AVERAGE

1049.5391 MMK

2023 BBD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 1059.7660. Conversely, the yearly low was recorded on March 19, dropping to 1035.2962.

This high-to-low spread represents a total annual volatility of 24.4698 MMK. From a start-to-finish perspective, comparing the January average rate of 1050.0164 to the December average rate of 1051.0898, 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 1059.7660 was up 0.30% compared to the 2022 peak of 1056.6308, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,298,830 MMK

2022 Average 4,822,188 MMK

Yearly Trough Low 5,176,481 MMK

Transaction Impact: A difference of 122,349.11 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1051.3525

1048.2002

JanuMarcMayJulySeptNove

BBD 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 1049.4786, compared to 1049.5996 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1210 points.

H1 Avg (Jan–Jun) 1049.4786

H2 Avg (Jul–Dec) 1049.5996

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 15.8463 MMK (High: 1051.1425 / Low: 1035.2962). On the other end, January was the most stable month, with a tight range of 4.4960 MMK (High: 1050.9665 / Low: 1046.4705).

March Spread (Volatile) ±15.8463

January Spread (Stable) ±4.4960

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 1.6662 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.6662

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 1050.1291) against the same month in 2022 (average: 888.9290), the exchange rate shifted by +161.2001 (+18.13%).

2023 Avg (February) 1050.1291

2022 Avg (February) 888.9290

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1050.9665	1046.4705	1050.0164
February	1059.7660	1044.0767	1050.1291
March	1051.1425	1035.2962	1048.4629
April	1051.4420	1036.1608	1048.9288
May	1051.9708	1046.7569	1049.5138
June	1053.9817	1043.5262	1049.8205
July	1051.7528	1040.0720	1048.7517
August	1053.9455	1043.2605	1049.9792
September	1052.2361	1046.2814	1049.7779
October	1052.2361	1045.3193	1049.2499
November	1050.8455	1041.4081	1048.7490
December	1055.6844	1049.0939	1051.0898