2023 MMK to THB Historical Review

YEARLY HIGH

0.0177 THB

YEARLY LOW

0.0155 THB

YEARLY AVERAGE

0.0166 THB

2023 MMK to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MMK to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 0.0177. Conversely, the yearly low was recorded on January 21, dropping to 0.0155.

This high-to-low spread represents a total annual volatility of 0.0021 THB. From a start-to-finish perspective, comparing the January average rate of 0.0158 to the December average rate of 0.0166, the exchange rate registered a net change of 5.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0177 was down 11.16% compared to the 2022 peak of 0.0199, 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 88 THB

2022 Average 91 THB

Yearly Trough Low 78 THB

Transaction Impact: A difference of 10.63 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0175

0.0157

JanuMarcMayJulySeptNove

MMK to THB 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 0.0163, compared to 0.0169 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0163

H2 Avg (Jul–Dec) 0.0169

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0012 THB (High: 0.0168 / Low: 0.0156). On the other end, April was the most stable month, with a tight range of 0.0004 THB (High: 0.0165 / Low: 0.0161).

February Spread (Volatile) ±0.0012

April Spread (Stable) ±0.0004

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 0.0005 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0174) against the same month in 2022 (average: 0.0181), the exchange rate shifted by -0.0007 (-3.75%).

2023 Avg (October) 0.0174

2022 Avg (October) 0.0181

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0165	0.0155	0.0158
February	0.0168	0.0156	0.0162
March	0.0167	0.0162	0.0164
April	0.0165	0.0161	0.0163
May	0.0165	0.0160	0.0163
June	0.0170	0.0165	0.0166
July	0.0169	0.0162	0.0165
August	0.0169	0.0163	0.0167
September	0.0174	0.0167	0.0171
October	0.0177	0.0171	0.0174
November	0.0172	0.0165	0.0169
December	0.0170	0.0163	0.0166