2023 MMK to MVR Historical Review

YEARLY HIGH

0.0074 MVR

YEARLY LOW

0.0072 MVR

YEARLY AVERAGE

0.0073 MVR

2023 MMK to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MMK to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0074. Conversely, the yearly low was recorded on February 5, dropping to 0.0072.

This high-to-low spread represents a total annual volatility of 0.0002 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0073 to the December average rate of 0.0073, the exchange rate registered a net change of -0.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0074 was down 15.03% compared to the 2022 peak of 0.0088, 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 37 MVR

2022 Average 40 MVR

Yearly Trough Low 36 MVR

Transaction Impact: A difference of 0.98 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0073

JanuMarcMayJulySeptNove

MMK to MVR 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 0.0073, compared to 0.0073 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) 0.0073

H2 Avg (Jul–Dec) 0.0073

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0002 MVR (High: 0.0074 / Low: 0.0073). On the other end, December was the most stable month, with a tight range of 0.0000 MVR (High: 0.0073 / Low: 0.0073).

November Spread (Volatile) ±0.0002

December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0000 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0073) against the same month in 2022 (average: 0.0087), the exchange rate shifted by -0.0014 (-15.59%).

2023 Avg (March) 0.0073

2022 Avg (March) 0.0087

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0074	0.0073	0.0073
February	0.0074	0.0072	0.0073
March	0.0074	0.0073	0.0073
April	0.0074	0.0073	0.0073
May	0.0073	0.0073	0.0073
June	0.0073	0.0073	0.0073
July	0.0074	0.0073	0.0073
August	0.0074	0.0073	0.0073
September	0.0074	0.0073	0.0073
October	0.0074	0.0073	0.0073
November	0.0074	0.0073	0.0073
December	0.0073	0.0073	0.0073