2023 MMK to LRD Historical Review

YEARLY HIGH

0.0900 LRD

YEARLY LOW

0.0726 LRD

YEARLY AVERAGE

0.0832 LRD

2023 MMK to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MMK to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.0900. Conversely, the yearly low was recorded on February 5, dropping to 0.0726.

This high-to-low spread represents a total annual volatility of 0.0175 LRD. From a start-to-finish perspective, comparing the January average rate of 0.0740 to the December average rate of 0.0895, the exchange rate registered a net change of 21.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0900 was up 3.07% compared to the 2022 peak of 0.0874, 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 450 LRD

2022 Average 398 LRD

Yearly Trough Low 363 LRD

Transaction Impact: A difference of 87.47 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0911

0.0724

JanuMarcMayJulySeptNove

MMK to LRD 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 0.0775, compared to 0.0889 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0114 points.

H1 Avg (Jan–Jun) 0.0775

H2 Avg (Jul–Dec) 0.0889

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0053 LRD (High: 0.0858 / Low: 0.0804). On the other end, October was the most stable month, with a tight range of 0.0006 LRD (High: 0.0893 / Low: 0.0887).

June Spread (Volatile) ±0.0053

October Spread (Stable) ±0.0006

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 (November 2023: 0.0895) against the same month in 2022 (average: 0.0734), the exchange rate shifted by +0.0162 (+22.06%).

2023 Avg (November) 0.0895

2022 Avg (November) 0.0734

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0747	0.0732	0.0740
February	0.0757	0.0726	0.0745
March	0.0778	0.0732	0.0761
April	0.0797	0.0772	0.0778
May	0.0806	0.0788	0.0796
June	0.0858	0.0804	0.0832
July	0.0889	0.0858	0.0876
August	0.0895	0.0885	0.0887
September	0.0891	0.0884	0.0888
October	0.0893	0.0887	0.0891
November	0.0900	0.0893	0.0895
December	0.0897	0.0888	0.0895