2023 MMK to BWP Historical Review

YEARLY HIGH

0.0066 BWP

YEARLY LOW

0.0060 BWP

YEARLY AVERAGE

0.0064 BWP

2023 MMK to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MMK to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 0.0066. Conversely, the yearly low was recorded on January 15, dropping to 0.0060.

This high-to-low spread represents a total annual volatility of 0.0006 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0061 to the December average rate of 0.0064, the exchange rate registered a net change of 5.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0066 was down 4.36% compared to the 2022 peak of 0.0069, 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 33 BWP

2022 Average 32 BWP

Yearly Trough Low 30 BWP

Transaction Impact: A difference of 2.89 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0066

0.0060

JanuMarcMayJulySeptNove

MMK to BWP 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 0.0063, compared to 0.0064 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0063

H2 Avg (Jul–Dec) 0.0064

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0003 BWP (High: 0.0066 / Low: 0.0063). On the other end, January was the most stable month, with a tight range of 0.0001 BWP (High: 0.0061 / Low: 0.0060).

May Spread (Volatile) ±0.0003

January Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0065) against the same month in 2022 (average: 0.0064), the exchange rate shifted by +0.0002 (+2.71%).

2023 Avg (October) 0.0065

2022 Avg (October) 0.0064

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0061	0.0060	0.0061
February	0.0063	0.0060	0.0062
March	0.0064	0.0062	0.0063
April	0.0063	0.0062	0.0063
May	0.0066	0.0063	0.0064
June	0.0066	0.0063	0.0064
July	0.0065	0.0062	0.0063
August	0.0065	0.0063	0.0064
September	0.0066	0.0064	0.0065
October	0.0066	0.0065	0.0065
November	0.0065	0.0064	0.0064
December	0.0065	0.0063	0.0064