2023 MMK to INR Historical Review

YEARLY HIGH

0.0399 INR

YEARLY LOW

0.0386 INR

YEARLY AVERAGE

0.0393 INR

2023 MMK to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MMK to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.0399. Conversely, the yearly low was recorded on January 22, dropping to 0.0386.

This high-to-low spread represents a total annual volatility of 0.0014 INR. From a start-to-finish perspective, comparing the January average rate of 0.0389 to the December average rate of 0.0396, the exchange rate registered a net change of 1.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0399 was down 8.07% compared to the 2022 peak of 0.0434, 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 200 INR

2022 Average 204 INR

Yearly Trough Low 193 INR

Transaction Impact: A difference of 6.81 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0398

0.0388

JanuMarcMayJulySeptNove

MMK to INR 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 0.0392, compared to 0.0395 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0392

H2 Avg (Jul–Dec) 0.0395

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0010 INR (High: 0.0399 / Low: 0.0389). On the other end, September was the most stable month, with a tight range of 0.0003 INR (High: 0.0397 / Low: 0.0394).

March Spread (Volatile) ±0.0010

September Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0002 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0397) against the same month in 2022 (average: 0.0389), the exchange rate shifted by +0.0008 (+2.09%).

2023 Avg (November) 0.0397

2022 Avg (November) 0.0389

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0394	0.0386	0.0389
February	0.0396	0.0389	0.0393
March	0.0399	0.0389	0.0392
April	0.0394	0.0389	0.0391
May	0.0396	0.0389	0.0392
June	0.0394	0.0390	0.0391
July	0.0396	0.0390	0.0392
August	0.0397	0.0392	0.0394
September	0.0397	0.0394	0.0396
October	0.0398	0.0395	0.0397
November	0.0399	0.0396	0.0397
December	0.0397	0.0393	0.0396