2023 MMK to STD Historical Review

YEARLY HIGH

11.0229 STD

YEARLY LOW

10.5532 STD

YEARLY AVERAGE

10.7630 STD

2023 MMK to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MMK to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 11.0229. Conversely, the yearly low was recorded on December 17, dropping to 10.5532.

This high-to-low spread represents a total annual volatility of 0.4697 STD. From a start-to-finish perspective, comparing the January average rate of 10.8684 to the December average rate of 10.5994, the exchange rate registered a net change of -2.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.0229 was down 13.82% compared to the 2022 peak of 12.7913, 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 55,115 STD

2022 Average 57,672 STD

Yearly Trough Low 52,766 STD

Transaction Impact: A difference of 2,348.39 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.9132

10.5709

JanuMarcMayJulySeptNove

MMK to STD 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 10.8740, compared to 10.6520 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2220 points.

H1 Avg (Jan–Jun) 10.8740

H2 Avg (Jul–Dec) 10.6520

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.3683 STD (High: 10.9723 / Low: 10.6040). On the other end, January was the most stable month, with a tight range of 0.0467 STD (High: 10.9052 / Low: 10.8586).

July Spread (Volatile) ±0.3683

January Spread (Stable) ±0.0467

Growth Streaks & Declines

Trends

Between August and November, 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 July and August, when the average rate fell by 0.2376 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2376

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 10.8847) against the same month in 2022 (average: 12.0361), the exchange rate shifted by -1.1515 (-9.57%).

2023 Avg (March) 10.8847

2022 Avg (March) 12.0361

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.9052	10.8586	10.8684
February	10.9302	10.7684	10.8673
March	11.0229	10.8568	10.8847
April	11.0137	10.8537	10.8798
May	10.9022	10.8482	10.8736
June	10.9360	10.8275	10.8704
July	10.9723	10.6040	10.8482
August	10.6789	10.5707	10.6106
September	10.6481	10.5878	10.6126
October	10.6579	10.5878	10.6180
November	10.6979	10.6018	10.6231
December	10.6195	10.5532	10.5994