2023 MMK to SGD Historical Review

YEARLY HIGH

0.0007 SGD

YEARLY LOW

0.0006 SGD

YEARLY AVERAGE

0.0006 SGD

2023 MMK to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MMK to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 21, valuing the pair at 0.0007. Conversely, the yearly low was recorded on February 1, dropping to 0.0006.

This high-to-low spread represents a total annual volatility of 0.0000 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0006 to the December average rate of 0.0006, the exchange rate registered a net change of 0.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0007 was down 14.91% compared to the 2022 peak of 0.0008, 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 3 SGD

2022 Average 4 SGD

Yearly Trough Low 3 SGD

Transaction Impact: A difference of 0.17 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0007

0.0006

JanuMarcMayJulySeptNove

MMK to SGD 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 0.0006, compared to 0.0006 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) 0.0006

H2 Avg (Jul–Dec) 0.0006

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0000 SGD (High: 0.0006 / Low: 0.0006). On the other end, October was the most stable month, with a tight range of 0.0000 SGD (High: 0.0007 / Low: 0.0006).

February Spread (Volatile) ±0.0000

October 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 October and November, 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 (October 2023: 0.0007) against the same month in 2022 (average: 0.0007), the exchange rate shifted by -0.0000 (-3.82%).

2023 Avg (October) 0.0007

2022 Avg (October) 0.0007

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0006	0.0006	0.0006
February	0.0006	0.0006	0.0006
March	0.0006	0.0006	0.0006
April	0.0006	0.0006	0.0006
May	0.0006	0.0006	0.0006
June	0.0006	0.0006	0.0006
July	0.0006	0.0006	0.0006
August	0.0006	0.0006	0.0006
September	0.0007	0.0006	0.0006
October	0.0007	0.0006	0.0007
November	0.0007	0.0006	0.0006
December	0.0006	0.0006	0.0006