2023 BIF to MMK Historical Review

YEARLY HIGH

1.0194 MMK

YEARLY LOW

0.7355 MMK

YEARLY AVERAGE

0.8437 MMK

2023 BIF to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BIF to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 28, valuing the pair at 1.0194. Conversely, the yearly low was recorded on October 6, dropping to 0.7355.

This high-to-low spread represents a total annual volatility of 0.2839 MMK. From a start-to-finish perspective, comparing the January average rate of 1.0150 to the December average rate of 0.7374, the exchange rate registered a net change of -27.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0194 was down 0.75% compared to the 2022 peak of 1.0272, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,097 MMK

2022 Average 4,720 MMK

Yearly Trough Low 3,677 MMK

Transaction Impact: A difference of 1,419.66 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0428

0.7097

JanuMarcMayJulySeptNove

BIF 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 0.9477, compared to 0.7397 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2080 points.

H1 Avg (Jan–Jun) 0.9477

H2 Avg (Jul–Dec) 0.7397

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.2654 MMK (High: 1.0094 / Low: 0.7439). On the other end, December was the most stable month, with a tight range of 0.0036 MMK (High: 0.7395 / Low: 0.7359).

May Spread (Volatile) ±0.2654

December Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.1548 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.1548

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.0150) against the same month in 2022 (average: 0.8879), the exchange rate shifted by +0.1272 (+14.32%).

2023 Avg (January) 1.0150

2022 Avg (January) 0.8879

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0194	1.0124	1.0150
February	1.0178	1.0108	1.0130
March	1.0140	1.0065	1.0100
April	1.0128	1.0054	1.0089
May	1.0094	0.7439	0.8969
June	0.7445	0.7387	0.7421
July	0.7442	0.7386	0.7413
August	0.7436	0.7364	0.7410
September	0.7419	0.7376	0.7403
October	0.7413	0.7355	0.7394
November	0.7450	0.7364	0.7387
December	0.7395	0.7359	0.7374