2023 MMK to SBD Historical Review

YEARLY HIGH

0.0041 SBD

YEARLY LOW

0.0039 SBD

YEARLY AVERAGE

0.0040 SBD

2023 MMK to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MMK to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 0.0041. Conversely, the yearly low was recorded on February 5, dropping to 0.0039.

This high-to-low spread represents a total annual volatility of 0.0002 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0039 to the December average rate of 0.0040, the exchange rate registered a net change of 2.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0041 was down 11.37% compared to the 2022 peak of 0.0046, 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 20 SBD

2022 Average 21 SBD

Yearly Trough Low 19 SBD

Transaction Impact: A difference of 0.95 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0040

0.0039

JanuMarcMayJulySeptNove

MMK to SBD 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 0.0039, compared to 0.0040 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0039

H2 Avg (Jul–Dec) 0.0040

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0001 SBD (High: 0.0040 / Low: 0.0039). On the other end, June was the most stable month, with a tight range of 0.0000 SBD (High: 0.0040 / Low: 0.0040).

April Spread (Volatile) ±0.0001

June Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0000 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0040) against the same month in 2022 (average: 0.0039), the exchange rate shifted by +0.0001 (+2.55%).

2023 Avg (November) 0.0040

2022 Avg (November) 0.0039

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0040	0.0039	0.0039
February	0.0040	0.0039	0.0039
March	0.0040	0.0039	0.0039
April	0.0040	0.0039	0.0040
May	0.0040	0.0040	0.0040
June	0.0040	0.0040	0.0040
July	0.0040	0.0040	0.0040
August	0.0040	0.0040	0.0040
September	0.0040	0.0040	0.0040
October	0.0041	0.0040	0.0040
November	0.0041	0.0040	0.0040
December	0.0040	0.0040	0.0040