2023 MMK to AED Historical Review

YEARLY HIGH

0.0018 AED

YEARLY LOW

0.0017 AED

YEARLY AVERAGE

0.0017 AED

2023 MMK to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MMK to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0018. Conversely, the yearly low was recorded on February 5, dropping to 0.0017.

This high-to-low spread represents a total annual volatility of 0.0000 AED. From a start-to-finish perspective, comparing the January average rate of 0.0017 to the December average rate of 0.0017, the exchange rate registered a net change of -0.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0018 was down 14.76% compared to the 2022 peak of 0.0021, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9 AED

2022 Average 10 AED

Yearly Trough Low 9 AED

Transaction Impact: A difference of 0.20 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0018

0.0017

JanuMarcMayJulySeptNove

MMK to AED 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 0.0017, compared to 0.0017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0017

H2 Avg (Jul–Dec) 0.0017

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0000 AED (High: 0.0018 / Low: 0.0017). On the other end, January was the most stable month, with a tight range of 0.0000 AED (High: 0.0018 / Low: 0.0017).

March Spread (Volatile) ±0.0000

January Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between August and November, 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 November and December, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0018) against the same month in 2022 (average: 0.0021), the exchange rate shifted by -0.0003 (-15.20%).

2023 Avg (March) 0.0018

2022 Avg (March) 0.0021

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0018	0.0017	0.0017
February	0.0018	0.0017	0.0017
March	0.0018	0.0017	0.0018
April	0.0018	0.0017	0.0018
May	0.0018	0.0017	0.0017
June	0.0018	0.0017	0.0017
July	0.0018	0.0017	0.0018
August	0.0018	0.0017	0.0017
September	0.0018	0.0017	0.0017
October	0.0018	0.0017	0.0018
November	0.0018	0.0017	0.0018
December	0.0018	0.0017	0.0017