2023 MMK to NPR Historical Review

YEARLY HIGH

0.0636 NPR

YEARLY LOW

0.0618 NPR

YEARLY AVERAGE

0.0629 NPR

2023 MMK to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MMK to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 0.0636. Conversely, the yearly low was recorded on January 22, dropping to 0.0618.

This high-to-low spread represents a total annual volatility of 0.0017 NPR. From a start-to-finish perspective, comparing the January average rate of 0.0623 to the December average rate of 0.0634, the exchange rate registered a net change of 1.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0636 was down 8.18% compared to the 2022 peak of 0.0692, 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 318 NPR

2022 Average 327 NPR

Yearly Trough Low 309 NPR

Transaction Impact: A difference of 8.60 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0636

0.0622

JanuMarcMayJulySeptNove

MMK to NPR 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 0.0626, compared to 0.0632 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0626

H2 Avg (Jul–Dec) 0.0632

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0013 NPR (High: 0.0632 / Low: 0.0618). On the other end, October was the most stable month, with a tight range of 0.0002 NPR (High: 0.0634 / Low: 0.0633).

January Spread (Volatile) ±0.0013

October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0003 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0634) against the same month in 2022 (average: 0.0628), the exchange rate shifted by +0.0006 (+0.97%).

2023 Avg (December) 0.0634

2022 Avg (December) 0.0628

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0632	0.0618	0.0623
February	0.0631	0.0623	0.0629
March	0.0631	0.0621	0.0627
April	0.0627	0.0623	0.0625
May	0.0631	0.0622	0.0627
June	0.0630	0.0624	0.0626
July	0.0633	0.0623	0.0626
August	0.0635	0.0626	0.0631
September	0.0634	0.0630	0.0633
October	0.0634	0.0633	0.0634
November	0.0635	0.0633	0.0635
December	0.0636	0.0632	0.0634