2023 LRD to MMK Historical Review

YEARLY HIGH

13.7833 MMK

YEARLY LOW

11.1054 MMK

YEARLY AVERAGE

12.0896 MMK

2023 LRD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 13.7833. Conversely, the yearly low was recorded on November 5, dropping to 11.1054.

This high-to-low spread represents a total annual volatility of 2.6779 MMK. From a start-to-finish perspective, comparing the January average rate of 13.5164 to the December average rate of 11.1682, the exchange rate registered a net change of -17.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 13.7833 was down 0.31% compared to the 2022 peak of 13.8264, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 68,916 MMK

2022 Average 63,074 MMK

Yearly Trough Low 55,527 MMK

Transaction Impact: A difference of 13,389.30 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

13.7512

10.9333

JanuMarcMayJulySeptNove

LRD 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 12.9256, compared to 11.2536 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6719 points.

H1 Avg (Jan–Jun) 12.9256

H2 Avg (Jul–Dec) 11.2536

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.8107 MMK (High: 13.6676 / Low: 12.8568). On the other end, October was the most stable month, with a tight range of 0.0799 MMK (High: 11.2719 / Low: 11.1920).

March Spread (Volatile) ±0.8107

October Spread (Stable) ±0.0799

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 June and July, when the average rate fell by 0.6104 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.6104

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 13.4247) against the same month in 2022 (average: 11.5682), the exchange rate shifted by +1.8566 (+16.05%).

2023 Avg (February) 13.4247

2022 Avg (February) 11.5682

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.6546	13.3938	13.5164
February	13.7833	13.2059	13.4247
March	13.6676	12.8568	13.1520
April	12.9489	12.5405	12.8613
May	12.6858	12.4116	12.5706
June	12.4364	11.6609	12.0284
July	11.6609	11.2461	11.4180
August	11.2977	11.1758	11.2713
September	11.3078	11.2262	11.2669
October	11.2719	11.1920	11.2290
November	11.2010	11.1054	11.1684
December	11.2576	11.1425	11.1682