2023 MMK to SRD Historical Review

YEARLY HIGH

0.0184 SRD

YEARLY LOW

0.0150 SRD

YEARLY AVERAGE

0.0174 SRD

2023 MMK to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MMK to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 0.0184. Conversely, the yearly low was recorded on January 8, dropping to 0.0150.

This high-to-low spread represents a total annual volatility of 0.0034 SRD. From a start-to-finish perspective, comparing the January average rate of 0.0152 to the December average rate of 0.0178, the exchange rate registered a net change of 17.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0184 was up 20.73% compared to the 2022 peak of 0.0152, 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 92 SRD

2022 Average 62 SRD

Yearly Trough Low 75 SRD

Transaction Impact: A difference of 16.83 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0186

0.0148

JanuMarcMayJulySeptNove

MMK to SRD 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 0.0168, compared to 0.0181 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0168

H2 Avg (Jul–Dec) 0.0181

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0012 SRD (High: 0.0172 / Low: 0.0160). On the other end, September was the most stable month, with a tight range of 0.0002 SRD (High: 0.0184 / Low: 0.0182).

March Spread (Volatile) ±0.0012

September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0003 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0181) against the same month in 2022 (average: 0.0124), the exchange rate shifted by +0.0057 (+46.49%).

2023 Avg (July) 0.0181

2022 Avg (July) 0.0124

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0154	0.0150	0.0152
February	0.0161	0.0152	0.0156
March	0.0172	0.0160	0.0165
April	0.0180	0.0170	0.0175
May	0.0180	0.0177	0.0178
June	0.0182	0.0177	0.0180
July	0.0184	0.0176	0.0181
August	0.0184	0.0181	0.0182
September	0.0184	0.0182	0.0182
October	0.0183	0.0181	0.0182
November	0.0183	0.0180	0.0181
December	0.0180	0.0175	0.0178