2023 GYD to MMK Historical Review

YEARLY HIGH

10.0748 MMK

YEARLY LOW

9.7990 MMK

YEARLY AVERAGE

9.9889 MMK

2023 GYD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 10.0748. Conversely, the yearly low was recorded on April 30, dropping to 9.7990.

This high-to-low spread represents a total annual volatility of 0.2758 MMK. From a start-to-finish perspective, comparing the January average rate of 10.0148 to the December average rate of 10.0348, the exchange rate registered a net change of 0.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.0748 was up 0.33% compared to the 2022 peak of 10.0420, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 50,374 MMK

2022 Average 46,095 MMK

Yearly Trough Low 48,995 MMK

Transaction Impact: A difference of 1,378.82 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.0475

9.9141

JanuMarcMayJulySeptNove

GYD 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 9.9506, compared to 10.0272 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0766 points.

H1 Avg (Jan–Jun) 9.9506

H2 Avg (Jul–Dec) 10.0272

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.1454 MMK (High: 9.9444 / Low: 9.7990). On the other end, February was the most stable month, with a tight range of 0.0015 MMK (High: 9.9536 / Low: 9.9521).

April Spread (Volatile) ±0.1454

February Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0622 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0622

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 10.0348) against the same month in 2022 (average: 10.0358), the exchange rate shifted by -0.0009 (-0.01%).

2023 Avg (December) 10.0348

2022 Avg (December) 10.0358

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.0380	9.9509	10.0148
February	9.9536	9.9521	9.9526
March	9.9585	9.9444	9.9526
April	9.9444	9.7990	9.9253
May	9.9324	9.9283	9.9293
June	9.9295	9.9276	9.9290
July	10.0377	9.9288	9.9963
August	10.0520	9.9527	10.0328
September	10.0386	10.0294	10.0364
October	10.0398	10.0044	10.0325
November	10.0385	9.9518	10.0305
December	10.0748	10.0285	10.0348