YEARLY HIGH
0.0543 XPF
YEARLY LOW
0.0506 XPF
YEARLY AVERAGE
0.0525 XPF

2023 MMK to XPF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MMK to XPF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.0543. Conversely, the yearly low was recorded on July 14, dropping to 0.0506.

This high-to-low spread represents a total annual volatility of 0.0037 XPF. From a start-to-finish perspective, comparing the January average rate of 0.0527 to the December average rate of 0.0520, the exchange rate registered a net change of -1.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0543 was down 15.62% compared to the 2022 peak of 0.0643, 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 271 XPF
2022 Average 295 XPF
Yearly Trough Low 253 XPF
Transaction Impact: A difference of 18.41 XPF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0541
0.0512
JanuMarcMayJulySeptNove

MMK to XPF 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 0.0526, compared to 0.0525 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0526
H2 Avg (Jul–Dec) 0.0525

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0025 XPF (High: 0.0532 / Low: 0.0507). On the other end, October was the most stable month, with a tight range of 0.0010 XPF (High: 0.0543 / Low: 0.0533).

May Spread (Volatile) ±0.0025
October Spread (Stable) ±0.0010

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 March and April, when the average rate fell by 0.0013 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0538) against the same month in 2022 (average: 0.0578), the exchange rate shifted by -0.0040 (-6.89%).

2023 Avg (October) 0.0538
2022 Avg (October) 0.0578

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0540 0.0520 0.0527
February 0.0539 0.0516 0.0531
March 0.0540 0.0521 0.0531
April 0.0527 0.0511 0.0518
May 0.0532 0.0507 0.0523
June 0.0531 0.0517 0.0524
July 0.0524 0.0506 0.0515
August 0.0527 0.0515 0.0521
September 0.0540 0.0526 0.0532
October 0.0543 0.0533 0.0538
November 0.0537 0.0517 0.0526
December 0.0527 0.0511 0.0520