2023 BWP to MMK Historical Review

YEARLY HIGH

165.6908 MMK

YEARLY LOW

151.1973 MMK

YEARLY AVERAGE

157.2576 MMK

2023 BWP to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 165.6908. Conversely, the yearly low was recorded on October 5, dropping to 151.1973.

This high-to-low spread represents a total annual volatility of 14.4934 MMK. From a start-to-finish perspective, comparing the January average rate of 164.4030 to the December average rate of 155.6562, the exchange rate registered a net change of -5.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 165.6908 was down 1.91% compared to the 2022 peak of 168.9173, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 828,454 MMK

2022 Average 779,083 MMK

Yearly Trough Low 755,987 MMK

Transaction Impact: A difference of 72,467.16 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

165.5651

151.6196

JanuMarcMayJulySeptNove

BWP 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 159.2518, compared to 155.2635 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.9883 points.

H1 Avg (Jan–Jun) 159.2518

H2 Avg (Jul–Dec) 155.2635

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 7.8616 MMK (High: 165.4798 / Low: 157.6182). On the other end, January was the most stable month, with a tight range of 2.7307 MMK (High: 165.6908 / Low: 162.9601).

February Spread (Volatile) ±7.8616

January Spread (Stable) ±2.7307

Growth Streaks & Declines

Trends

Between May and July, 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 April and May, when the average rate fell by 3.9825 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -3.9825

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 164.4030) against the same month in 2022 (average: 153.1408), the exchange rate shifted by +11.2622 (+7.35%).

2023 Avg (January) 164.4030

2022 Avg (January) 153.1408

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	165.6908	162.9601	164.4030
February	165.4798	157.6182	160.5444
March	161.2991	156.5678	158.6368
April	161.2991	158.5508	159.8464
May	159.6032	152.2481	155.8639
June	158.7584	152.2443	156.2163
July	161.6973	154.7632	158.4629
August	158.9674	154.0313	155.6320
September	155.5023	152.4561	153.8527
October	154.0374	151.1973	152.7818
November	156.9720	153.8242	155.1955
December	157.6050	153.2977	155.6562