2023 BND to MMK Historical Review

YEARLY HIGH

1607.6236 MMK

YEARLY LOW

1527.4525 MMK

YEARLY AVERAGE

1563.7374 MMK

2023 BND to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 1607.6236. Conversely, the yearly low was recorded on October 3, dropping to 1527.4525.

This high-to-low spread represents a total annual volatility of 80.1712 MMK. From a start-to-finish perspective, comparing the January average rate of 1582.7100 to the December average rate of 1577.8946, the exchange rate registered a net change of -0.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1607.6236 was up 2.97% compared to the 2022 peak of 1561.2632, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,038,118 MMK

2022 Average 6,992,145 MMK

Yearly Trough Low 7,637,262 MMK

Transaction Impact: A difference of 400,855.92 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1587.6605

1528.2555

JanuMarcMayJulySeptNove

BND 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 1571.6864, compared to 1555.7885 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 15.8979 points.

H1 Avg (Jan–Jun) 1571.6864

H2 Avg (Jul–Dec) 1555.7885

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 51.0254 MMK (High: 1607.6236 / Low: 1556.5982). On the other end, April was the most stable month, with a tight range of 14.0842 MMK (High: 1584.6849 / Low: 1570.6007).

February Spread (Volatile) ±51.0254

April Spread (Stable) ±14.0842

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 July and August, when the average rate fell by 16.9079 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -16.9079

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 1577.0174) against the same month in 2022 (average: 1320.4689), the exchange rate shifted by +256.5485 (+19.43%).

2023 Avg (February) 1577.0174

2022 Avg (February) 1320.4689

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1600.9188	1557.9429	1582.7100
February	1607.6236	1556.5982	1577.0174
March	1583.0164	1550.0100	1565.1804
April	1584.6849	1570.6007	1577.1432
May	1585.5311	1549.5231	1567.8160
June	1571.1977	1546.5058	1560.2513
July	1590.2707	1546.5058	1571.8594
August	1575.0000	1545.5370	1554.9514
September	1555.3417	1531.9880	1541.1598
October	1541.6927	1527.4525	1533.2059
November	1576.4623	1531.4867	1555.6597
December	1595.1970	1563.0836	1577.8946