2023 MMK to BIF Historical Review

YEARLY HIGH

1.3596 BIF

YEARLY LOW

0.9809 BIF

YEARLY AVERAGE

1.2127 BIF

2023 MMK to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MMK to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 1.3596. Conversely, the yearly low was recorded on January 28, dropping to 0.9809.

This high-to-low spread represents a total annual volatility of 0.3787 BIF. From a start-to-finish perspective, comparing the January average rate of 0.9852 to the December average rate of 1.3561, the exchange rate registered a net change of 37.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.3596 was up 17.83% compared to the 2022 peak of 1.1539, 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 6,798 BIF

2022 Average 5,318 BIF

Yearly Trough Low 4,905 BIF

Transaction Impact: A difference of 1,893.43 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.3932

0.9481

JanuMarcMayJulySeptNove

MMK to BIF 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 1.0735, compared to 1.3520 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2785 points.

H1 Avg (Jan–Jun) 1.0735

H2 Avg (Jul–Dec) 1.3520

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.3535 BIF (High: 1.3442 / Low: 0.9907). On the other end, December was the most stable month, with a tight range of 0.0066 BIF (High: 1.3588 / Low: 1.3522).

May Spread (Volatile) ±0.3535

December Spread (Stable) ±0.0066

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1.3525) against the same month in 2022 (average: 0.9806), the exchange rate shifted by +0.3720 (+37.93%).

2023 Avg (October) 1.3525

2022 Avg (October) 0.9806

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9878	0.9809	0.9852
February	0.9893	0.9825	0.9871
March	0.9936	0.9862	0.9901
April	0.9946	0.9874	0.9912
May	1.3442	0.9907	1.1399
June	1.3538	1.3432	1.3475
July	1.3539	1.3438	1.3490
August	1.3580	1.3448	1.3496
September	1.3558	1.3478	1.3507
October	1.3596	1.3490	1.3525
November	1.3580	1.3422	1.3538
December	1.3588	1.3522	1.3561