2023 MMK to DJF Historical Review

YEARLY HIGH

0.0856 DJF

YEARLY LOW

0.0837 DJF

YEARLY AVERAGE

0.0847 DJF

2023 MMK to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MMK to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.0856. Conversely, the yearly low was recorded on April 29, dropping to 0.0837.

This high-to-low spread represents a total annual volatility of 0.0019 DJF. From a start-to-finish perspective, comparing the January average rate of 0.0846 to the December average rate of 0.0847, the exchange rate registered a net change of 0.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0856 was down 15.06% compared to the 2022 peak of 0.1007, 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 428 DJF

2022 Average 464 DJF

Yearly Trough Low 418 DJF

Transaction Impact: A difference of 9.44 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0848

0.0846

JanuMarcMayJulySeptNove

MMK to DJF 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 0.0847, compared to 0.0847 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0847

H2 Avg (Jul–Dec) 0.0847

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0016 DJF (High: 0.0856 / Low: 0.0840). On the other end, January was the most stable month, with a tight range of 0.0004 DJF (High: 0.0848 / Low: 0.0844).

February Spread (Volatile) ±0.0016

January Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

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

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0847) against the same month in 2022 (average: 0.1001), the exchange rate shifted by -0.0153 (-15.32%).

2023 Avg (February) 0.0847

2022 Avg (February) 0.1001

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0848	0.0844	0.0846
February	0.0856	0.0840	0.0847
March	0.0852	0.0846	0.0847
April	0.0850	0.0837	0.0847
May	0.0850	0.0846	0.0847
June	0.0851	0.0843	0.0848
July	0.0850	0.0841	0.0847
August	0.0853	0.0841	0.0847
September	0.0852	0.0846	0.0848
October	0.0850	0.0845	0.0848
November	0.0850	0.0841	0.0847
December	0.0852	0.0845	0.0847