2023 CHF to MMK Historical Review

YEARLY HIGH

2502.2844 MMK

YEARLY LOW

2228.0567 MMK

YEARLY AVERAGE

2337.0939 MMK

2023 CHF to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CHF to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 2502.2844. Conversely, the yearly low was recorded on March 7, dropping to 2228.0567.

This high-to-low spread represents a total annual volatility of 274.2277 MMK. From a start-to-finish perspective, comparing the January average rate of 2272.7579 to the December average rate of 2434.0035, the exchange rate registered a net change of 7.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2502.2844 was up 9.99% compared to the 2022 peak of 2274.9385, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,511,422 MMK

2022 Average 10,100,182 MMK

Yearly Trough Low 11,140,283 MMK

Transaction Impact: A difference of 1,371,138.51 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2450.7614

2249.6668

JanuMarcMayJulySeptNove

CHF 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 2301.5801, compared to 2372.6077 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 71.0276 points.

H1 Avg (Jan–Jun) 2301.5801

H2 Avg (Jul–Dec) 2372.6077

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 118.3075 MMK (High: 2448.9502 / Low: 2330.6427). On the other end, August was the most stable month, with a tight range of 35.6410 MMK (High: 2407.5102 / Low: 2371.8692).

July Spread (Volatile) ±118.3075

August Spread (Stable) ±35.6410

Growth Streaks & Declines

Trends

Between March and May, 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 August and September, when the average rate fell by 54.4415 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -54.4415

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 2434.0035) against the same month in 2022 (average: 2253.2261), the exchange rate shifted by +180.7774 (+8.02%).

2023 Avg (December) 2434.0035

2022 Avg (December) 2253.2261

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2293.3505	2243.0863	2272.7579
February	2314.5591	2228.8543	2266.5995
March	2303.0891	2228.0567	2266.4247
April	2361.6953	2283.2816	2334.0126
May	2376.7614	2306.6049	2337.0374
June	2356.3069	2307.8539	2332.6482
July	2448.9502	2330.6427	2399.4756
August	2407.5102	2371.8692	2390.0236
September	2375.3077	2282.9027	2335.5821
October	2355.8555	2280.9633	2322.6043
November	2403.5543	2313.4615	2353.9572
December	2502.2844	2386.9947	2434.0035