2023 GMD to MMK Historical Review

YEARLY HIGH

35.4299 MMK

YEARLY LOW

31.0742 MMK

YEARLY AVERAGE

33.7590 MMK

2023 GMD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 13, valuing the pair at 35.4299. Conversely, the yearly low was recorded on November 19, dropping to 31.0742.

This high-to-low spread represents a total annual volatility of 4.3557 MMK. From a start-to-finish perspective, comparing the January average rate of 33.8582 to the December average rate of 31.2117, the exchange rate registered a net change of -7.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 35.4299 was down 8.85% compared to the 2022 peak of 38.8689, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 177,150 MMK

2022 Average 174,105 MMK

Yearly Trough Low 155,371 MMK

Transaction Impact: A difference of 21,778.73 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

35.7084

30.8029

JanuMarcMayJulySeptNove

GMD 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 34.4554, compared to 33.0627 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3927 points.

H1 Avg (Jan–Jun) 34.4554

H2 Avg (Jul–Dec) 33.0627

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 2.5095 MMK (High: 34.7931 / Low: 32.2836). On the other end, June was the most stable month, with a tight range of 0.3534 MMK (High: 35.4299 / Low: 35.0765).

September Spread (Volatile) ±2.5095

June Spread (Stable) ±0.3534

Growth Streaks & Declines

Trends

Between April and June, 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 September and October, when the average rate fell by 2.0090 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.0090

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 35.2996) against the same month in 2022 (average: 34.2506), the exchange rate shifted by +1.0490 (+3.06%).

2023 Avg (June) 35.2996

2022 Avg (June) 34.2506

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	34.3380	33.6364	33.8582
February	34.6614	34.0882	34.3746
March	34.4242	33.6682	34.1601
April	35.0261	33.5286	33.9236
May	35.3010	34.8830	35.1159
June	35.4299	35.0765	35.2996
July	35.2937	34.9017	35.1675
August	34.9085	34.5014	34.6621
September	34.7931	32.2836	33.9920
October	32.6908	31.7721	31.9830
November	32.2662	31.0742	31.3598
December	31.5177	31.1346	31.2117