2023 DOP to MMK Historical Review

YEARLY HIGH

38.6009 MMK

YEARLY LOW

36.2094 MMK

YEARLY AVERAGE

37.5007 MMK

2023 DOP to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 12, valuing the pair at 38.6009. Conversely, the yearly low was recorded on December 31, dropping to 36.2094.

This high-to-low spread represents a total annual volatility of 2.3915 MMK. From a start-to-finish perspective, comparing the January average rate of 37.1104 to the December average rate of 36.6692, the exchange rate registered a net change of -1.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 38.6009 was down 3.13% compared to the 2022 peak of 39.8473, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 193,005 MMK

2022 Average 175,753 MMK

Yearly Trough Low 181,047 MMK

Transaction Impact: A difference of 11,957.50 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

38.6746

36.4868

JanuMarcMayJulySeptNove

DOP 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 37.9613, compared to 37.0401 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9212 points.

H1 Avg (Jan–Jun) 37.9613

H2 Avg (Jul–Dec) 37.0401

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1.0327 MMK (High: 37.7731 / Low: 36.7404). On the other end, September was the most stable month, with a tight range of 0.1576 MMK (High: 37.0395 / Low: 36.8818).

February Spread (Volatile) ±1.0327

September Spread (Stable) ±0.1576

Growth Streaks & Declines

Trends

Between January and May, 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 June and July, when the average rate fell by 0.6747 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.6747

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 38.4923) against the same month in 2022 (average: 33.5776), the exchange rate shifted by +4.9147 (+14.64%).

2023 Avg (May) 38.4923

2022 Avg (May) 33.5776

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	37.3369	36.9915	37.1104
February	37.7731	36.7404	37.3866
March	38.3446	37.8004	38.1621
April	38.5641	38.1976	38.3527
May	38.6009	38.3857	38.4923
June	38.5480	37.9427	38.2634
July	38.0662	37.3163	37.5887
August	37.4789	36.9616	37.0850
September	37.0395	36.8818	36.9932
October	37.0141	36.8255	36.9461
November	37.2754	36.7052	36.9585
December	36.9578	36.2094	36.6692