YEARLY HIGH
444.4187 MMK
YEARLY LOW
426.2260 MMK
YEARLY AVERAGE
436.4862 MMK

2023 LYD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LYD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 444.4187. Conversely, the yearly low was recorded on October 7, dropping to 426.2260.

This high-to-low spread represents a total annual volatility of 18.1927 MMK. From a start-to-finish perspective, comparing the January average rate of 439.2191 to the December average rate of 437.2610, the exchange rate registered a net change of -0.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 444.4187 was up 1.86% compared to the 2022 peak of 436.2849, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,222,094 MMK
2022 Average 2,005,189 MMK
Yearly Trough Low 2,131,130 MMK
Transaction Impact: A difference of 90,963.53 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

441.7719
427.9022
JanuMarcMayJulySeptNove

LYD 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 438.2298, compared to 434.7427 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.4871 points.

H1 Avg (Jan–Jun) 438.2298
H2 Avg (Jul–Dec) 434.7427

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 10.7359 MMK (High: 443.8687 / Low: 433.1328). On the other end, June was the most stable month, with a tight range of 4.3223 MMK (High: 438.4317 / Low: 434.1094).

February Spread (Volatile) ±10.7359
June Spread (Stable) ±4.3223

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 3.9486 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -3.9486

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 440.6161) against the same month in 2022 (average: 390.5535), the exchange rate shifted by +50.0626 (+12.82%).

2023 Avg (April) 440.6161
2022 Avg (April) 390.5535

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 441.9283 434.9816 439.2191
February 443.8687 433.1328 438.0792
March 441.2592 432.4027 436.3874
April 444.4187 438.9184 440.6161
May 442.6603 435.1780 438.9580
June 438.4317 434.1094 436.1189
July 443.4247 435.1766 439.8157
August 440.7602 434.4139 436.6908
September 436.1322 429.5988 432.7422
October 430.7337 426.2260 429.0580
November 437.9733 428.7376 432.8883
December 442.9700 434.2978 437.2610