YEARLY HIGH
0.2241 KMF
YEARLY LOW
0.2084 KMF
YEARLY AVERAGE
0.2170 KMF

2023 MMK to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MMK to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.2241. Conversely, the yearly low was recorded on July 17, dropping to 0.2084.

This high-to-low spread represents a total annual volatility of 0.0157 KMF. From a start-to-finish perspective, comparing the January average rate of 0.2176 to the December average rate of 0.2146, the exchange rate registered a net change of -1.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2241 was down 14.73% compared to the 2022 peak of 0.2628, 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 1,121 KMF
2022 Average 1,215 KMF
Yearly Trough Low 1,042 KMF
Transaction Impact: A difference of 78.44 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2232
0.2114
JanuMarcMayJulySeptNove

MMK to KMF 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 0.2172, compared to 0.2169 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.2172
H2 Avg (Jul–Dec) 0.2169

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0096 KMF (High: 0.2229 / Low: 0.2133). On the other end, October was the most stable month, with a tight range of 0.0034 KMF (High: 0.2241 / Low: 0.2208).

November Spread (Volatile) ±0.0096
October Spread (Stable) ±0.0034

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 March and April, when the average rate fell by 0.0057 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.2222) against the same month in 2022 (average: 0.2383), the exchange rate shifted by -0.0161 (-6.77%).

2023 Avg (October) 0.2222
2022 Avg (October) 0.2383

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2228 0.2147 0.2176
February 0.2225 0.2149 0.2191
March 0.2230 0.2151 0.2197
April 0.2164 0.2120 0.2140
May 0.2198 0.2123 0.2159
June 0.2198 0.2140 0.2166
July 0.2163 0.2084 0.2124
August 0.2168 0.2132 0.2150
September 0.2233 0.2163 0.2195
October 0.2241 0.2208 0.2222
November 0.2229 0.2133 0.2176
December 0.2180 0.2109 0.2146