2023 BOB to MMK Historical Review

YEARLY HIGH

304.1742 MMK

YEARLY LOW

299.9215 MMK

YEARLY AVERAGE

303.8755 MMK

2023 BOB to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 304.1742. Conversely, the yearly low was recorded on April 30, dropping to 299.9215.

This high-to-low spread represents a total annual volatility of 4.2528 MMK. From a start-to-finish perspective, comparing the January average rate of 303.9093 to the December average rate of 303.8802, the exchange rate registered a net change of -0.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 304.1742 was down 0.12% compared to the 2022 peak of 304.5398, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,520,871 MMK

2022 Average 1,399,019 MMK

Yearly Trough Low 1,499,607 MMK

Transaction Impact: A difference of 21,263.85 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

303.9412

303.6290

JanuMarcMayJulySeptNove

BOB 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 303.8588, compared to 303.8923 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0335 points.

H1 Avg (Jan–Jun) 303.8588

H2 Avg (Jul–Dec) 303.8923

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 4.0228 MMK (High: 303.9442 / Low: 299.9215). On the other end, February was the most stable month, with a tight range of 0.0330 MMK (High: 303.9315 / Low: 303.8985).

April Spread (Volatile) ±4.0228

February Spread (Stable) ±0.0330

Growth Streaks & Declines

Trends

Between April and June, 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 March and April, when the average rate fell by 0.2281 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2281

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 303.8802) against the same month in 2022 (average: 303.8632), the exchange rate shifted by +0.0170 (+0.01%).

2023 Avg (December) 303.8802

2022 Avg (December) 303.8632

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	303.9210	303.8590	303.9093
February	303.9315	303.8985	303.9085
March	304.1443	302.9955	303.8831
April	303.9442	299.9215	303.6550
May	304.0074	303.2273	303.8917
June	303.9322	303.8833	303.9052
July	303.9356	302.8083	303.8351
August	304.0992	303.8769	303.9083
September	303.9634	303.8938	303.9152
October	303.9756	303.8549	303.9116
November	303.9405	303.8758	303.9034
December	304.1742	302.8559	303.8802