2023 MVR to MMK Historical Review

YEARLY HIGH

138.0803 MMK

YEARLY LOW

134.4541 MMK

YEARLY AVERAGE

136.5644 MMK

2023 MVR to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 138.0803. Conversely, the yearly low was recorded on March 19, dropping to 134.4541.

This high-to-low spread represents a total annual volatility of 3.6262 MMK. From a start-to-finish perspective, comparing the January average rate of 136.5061 to the December average rate of 136.7459, the exchange rate registered a net change of 0.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 138.0803 was up 0.37% compared to the 2022 peak of 137.5714, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MVR based on timing:

Yearly Peak High 690,401 MMK

2022 Average 625,384 MMK

Yearly Trough Low 672,270 MMK

Transaction Impact: A difference of 18,131.06 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

136.9116

136.1195

JanuMarcMayJulySeptNove

MVR to MMK 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 136.6536, compared to 136.4753 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1783 points.

H1 Avg (Jan–Jun) 136.6536

H2 Avg (Jul–Dec) 136.4753

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 2.9184 MMK (High: 137.8158 / Low: 134.8974). On the other end, December was the most stable month, with a tight range of 0.7868 MMK (High: 137.1019 / Low: 136.3150).

November Spread (Volatile) ±2.9184

December Spread (Stable) ±0.7868

Growth Streaks & Declines

Trends

Between March and June, 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 June and July, when the average rate fell by 0.4287 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.4287

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 136.7918) against the same month in 2022 (average: 115.0811), the exchange rate shifted by +21.7108 (+18.87%).

2023 Avg (February) 136.7918

2022 Avg (February) 115.0811

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	136.9274	135.9053	136.5061
February	138.0803	135.9475	136.7918
March	137.0088	134.4541	136.3887
April	136.9957	134.9168	136.6001
May	137.5125	136.2965	136.7893
June	137.3266	136.3196	136.8456
July	137.1735	135.0743	136.4168
August	137.2301	135.9297	136.6078
September	136.6707	135.6352	136.1855
October	137.0992	135.7558	136.3742
November	137.8158	134.8974	136.5213
December	137.1019	136.3150	136.7459