2023 LAK to MMK Historical Review

YEARLY HIGH

0.1257 MMK

YEARLY LOW

0.1011 MMK

YEARLY AVERAGE

0.1131 MMK

2023 LAK to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LAK to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 0.1257. Conversely, the yearly low was recorded on November 5, dropping to 0.1011.

This high-to-low spread represents a total annual volatility of 0.0246 MMK. From a start-to-finish perspective, comparing the January average rate of 0.1236 to the December average rate of 0.1018, the exchange rate registered a net change of -17.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1257 was down 20.95% compared to the 2022 peak of 0.1591, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 629 MMK

2022 Average 686 MMK

Yearly Trough Low 506 MMK

Transaction Impact: A difference of 123.15 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1268

0.0991

JanuMarcMayJulySeptNove

LAK 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 0.1214, compared to 0.1047 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0167 points.

H1 Avg (Jan–Jun) 0.1214

H2 Avg (Jul–Dec) 0.1047

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0078 MMK (High: 0.1184 / Low: 0.1106). On the other end, November was the most stable month, with a tight range of 0.0010 MMK (High: 0.1021 / Low: 0.1011).

June Spread (Volatile) ±0.0078

November Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0053 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.1245) against the same month in 2022 (average: 0.1560), the exchange rate shifted by -0.0315 (-20.21%).

2023 Avg (February) 0.1245

2022 Avg (February) 0.1560

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1248	0.1211	0.1236
February	0.1257	0.1235	0.1245
March	0.1245	0.1234	0.1243
April	0.1237	0.1211	0.1224
May	0.1213	0.1182	0.1196
June	0.1184	0.1106	0.1143
July	0.1120	0.1086	0.1098
August	0.1099	0.1069	0.1080
September	0.1067	0.1030	0.1054
October	0.1031	0.1013	0.1019
November	0.1021	0.1011	0.1014
December	0.1027	0.1013	0.1018