2023 HTG to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 HTG to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the HTG to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 15.9653. Conversely, the yearly low was recorded on April 15, dropping to 13.4392.
This high-to-low spread represents a total annual volatility of 2.5261 MMK. From a start-to-finish perspective, comparing the January average rate of 14.1474 to the December average rate of 15.8981, the exchange rate registered a net change of 12.38% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 15.9653 was down 11.82% compared to the 2022 peak of 18.1054, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 HTG based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
HTG to MMK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 14.1399, compared to 15.5957 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4557 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was May, with a trading range of 1.4515 MMK (High: 14.9998 / Low: 13.5483). On the other end, November was the most stable month, with a tight range of 0.0894 MMK (High: 15.8641 / Low: 15.7747).
Growth Streaks & Declines
TrendsBetween April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.3298 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 15.8981) against the same month in 2022 (average: 14.5136), the exchange rate shifted by +1.3846 (+9.54%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.2380 | 14.0465 | 14.1474 |
| February | 14.0757 | 13.8614 | 13.9847 |
| March | 13.9269 | 13.5052 | 13.6548 |
| April | 13.6364 | 13.4392 | 13.5303 |
| May | 14.9998 | 13.5483 | 14.4468 |
| June | 15.1627 | 14.8921 | 15.0756 |
| July | 15.3852 | 15.0782 | 15.2324 |
| August | 15.4983 | 15.2816 | 15.4283 |
| September | 15.6134 | 15.3847 | 15.5205 |
| October | 15.8155 | 15.4974 | 15.6648 |
| November | 15.8641 | 15.7747 | 15.8300 |
| December | 15.9653 | 15.8670 | 15.8981 |