2023 MMK to PEN Historical Review

YEARLY HIGH

0.0019 PEN

YEARLY LOW

0.0017 PEN

YEARLY AVERAGE

0.0018 PEN

2023 MMK to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MMK to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 0.0019. Conversely, the yearly low was recorded on July 17, dropping to 0.0017.

This high-to-low spread represents a total annual volatility of 0.0002 PEN. From a start-to-finish perspective, comparing the January average rate of 0.0018 to the December average rate of 0.0018, the exchange rate registered a net change of -2.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0019 was down 17.27% compared to the 2022 peak of 0.0022, 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 9 PEN

2022 Average 10 PEN

Yearly Trough Low 8 PEN

Transaction Impact: A difference of 0.81 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0018

0.0017

JanuMarcMayJulySeptNove

MMK to PEN 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 0.0018, compared to 0.0018 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0018

H2 Avg (Jul–Dec) 0.0018

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0001 PEN (High: 0.0018 / Low: 0.0018). On the other end, March was the most stable month, with a tight range of 0.0000 PEN (High: 0.0018 / Low: 0.0018).

November Spread (Volatile) ±0.0001

March Spread (Stable) ±0.0000

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 April and May, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0018) against the same month in 2022 (average: 0.0022), the exchange rate shifted by -0.0004 (-16.88%).

2023 Avg (January) 0.0018

2022 Avg (January) 0.0022

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0019	0.0018	0.0018
February	0.0019	0.0018	0.0018
March	0.0018	0.0018	0.0018
April	0.0018	0.0018	0.0018
May	0.0018	0.0017	0.0018
June	0.0018	0.0017	0.0017
July	0.0017	0.0017	0.0017
August	0.0018	0.0017	0.0018
September	0.0018	0.0018	0.0018
October	0.0018	0.0018	0.0018
November	0.0018	0.0018	0.0018
December	0.0018	0.0018	0.0018