YEARLY HIGH
444.6066 MMK
YEARLY LOW
383.2687 MMK
YEARLY AVERAGE
420.6113 MMK

2023 BRL to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BRL to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 444.6066. Conversely, the yearly low was recorded on January 3, dropping to 383.2687.

This high-to-low spread represents a total annual volatility of 61.3379 MMK. From a start-to-finish perspective, comparing the January average rate of 404.9338 to the December average rate of 429.3032, the exchange rate registered a net change of 6.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 444.6066 was up 6.42% compared to the 2022 peak of 417.8036, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 11,115,164 MMK
2022 Average 9,350,815 MMK
Yearly Trough Low 9,581,718 MMK
Transaction Impact: A difference of 1,533,446.64 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

440.6213
398.9664
JanuMarcMayJulySeptNove

BRL 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 414.3096, compared to 426.9131 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.6035 points.

H1 Avg (Jan–Jun) 414.3096
H2 Avg (Jul–Dec) 426.9131

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 31.5972 MMK (High: 414.8659 / Low: 383.2687). On the other end, November was the most stable month, with a tight range of 9.3889 MMK (High: 432.5491 / Low: 423.1602).

January Spread (Volatile) ±31.5972
November Spread (Stable) ±9.3889

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 9.9878 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -9.9878

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 437.1500) against the same month in 2022 (average: 345.6222), the exchange rate shifted by +91.5278 (+26.48%).

2023 Avg (July) 437.1500
2022 Avg (July) 345.6222

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 414.8659 383.2687 404.9338
February 415.7240 396.5485 405.5277
March 414.4453 392.2022 402.4376
April 428.0383 412.4838 418.3635
May 429.6010 415.1492 421.8178
June 440.7869 418.6023 432.7770
July 444.6066 426.8879 437.1500
August 438.2718 421.0597 427.8967
September 432.4545 416.8039 424.5539
October 421.1836 405.3363 414.5661
November 432.5491 423.1602 428.0087
December 436.8973 422.9193 429.3032