YEARLY HIGH
11.9507 MMK
YEARLY LOW
11.6870 MMK
YEARLY AVERAGE
11.8035 MMK

2023 DJF to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DJF to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 11.9507. Conversely, the yearly low was recorded on February 4, dropping to 11.6870.

This high-to-low spread represents a total annual volatility of 0.2637 MMK. From a start-to-finish perspective, comparing the January average rate of 11.8147 to the December average rate of 11.8037, the exchange rate registered a net change of -0.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.9507 was up 0.19% compared to the 2022 peak of 11.9283, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 59,753 MMK
2022 Average 54,179 MMK
Yearly Trough Low 58,435 MMK
Transaction Impact: A difference of 1,318.53 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.8167
11.7922
JanuMarcMayJulySeptNove

DJF 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 11.8048, compared to 11.8023 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 11.8048
H2 Avg (Jul–Dec) 11.8023

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.2173 MMK (High: 11.9043 / Low: 11.6870). On the other end, January was the most stable month, with a tight range of 0.0501 MMK (High: 11.8443 / Low: 11.7942).

February Spread (Volatile) ±0.2173
January Spread (Stable) ±0.0501

Growth Streaks & Declines

Trends

Between February and April, 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 January and February, when the average rate fell by 0.0144 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0144

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 11.8103) against the same month in 2022 (average: 10.2956), the exchange rate shifted by +1.5147 (+14.71%).

2023 Avg (April) 11.8103
2022 Avg (April) 10.2956

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.8443 11.7942 11.8147
February 11.9043 11.6870 11.8003
March 11.8197 11.7388 11.8035
April 11.9507 11.7628 11.8103
May 11.8242 11.7618 11.8021
June 11.8683 11.7515 11.7976
July 11.8877 11.7658 11.8058
August 11.8858 11.7257 11.8038
September 11.8191 11.7303 11.7943
October 11.8281 11.7628 11.7987
November 11.8844 11.7615 11.8077
December 11.8412 11.7336 11.8037