2023 CDF to MMK Historical Review

YEARLY HIGH

1.0370 MMK

YEARLY LOW

0.7518 MMK

YEARLY AVERAGE

0.9077 MMK

2023 CDF to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CDF to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 1.0370. Conversely, the yearly low was recorded on December 21, dropping to 0.7518.

This high-to-low spread represents a total annual volatility of 0.2852 MMK. From a start-to-finish perspective, comparing the January average rate of 1.0251 to the December average rate of 0.7722, the exchange rate registered a net change of -24.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0370 was down 1.34% compared to the 2022 peak of 1.0511, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,185 MMK

2022 Average 4,773 MMK

Yearly Trough Low 3,759 MMK

Transaction Impact: A difference of 1,425.84 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0504

0.7470

JanuMarcMayJulySeptNove

CDF 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 0.9863, compared to 0.8290 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1573 points.

H1 Avg (Jan–Jun) 0.9863

H2 Avg (Jul–Dec) 0.8290

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.1295 MMK (High: 1.0287 / Low: 0.8992). On the other end, August was the most stable month, with a tight range of 0.0155 MMK (High: 0.8602 / Low: 0.8447).

May Spread (Volatile) ±0.1295

August Spread (Stable) ±0.0155

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 0.0728 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0728

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.0251) against the same month in 2022 (average: 0.8865), the exchange rate shifted by +0.1386 (+15.63%).

2023 Avg (January) 1.0251

2022 Avg (January) 0.8865

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0370	1.0146	1.0251
February	1.0273	1.0096	1.0183
March	1.0272	1.0070	1.0140
April	1.0277	0.9553	1.0084
May	1.0287	0.8992	0.9625
June	0.9035	0.8714	0.8897
July	0.8714	0.8239	0.8496
August	0.8602	0.8447	0.8481
September	0.8543	0.8384	0.8453
October	0.8481	0.8067	0.8335
November	0.8529	0.7713	0.8253
December	0.7887	0.7518	0.7722