2023 PLN to MMK Historical Review

YEARLY HIGH

539.8220 MMK

YEARLY LOW

468.5310 MMK

YEARLY AVERAGE

500.5206 MMK

2023 PLN to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 539.8220. Conversely, the yearly low was recorded on February 19, dropping to 468.5310.

This high-to-low spread represents a total annual volatility of 71.2910 MMK. From a start-to-finish perspective, comparing the January average rate of 484.5411 to the December average rate of 530.0561, the exchange rate registered a net change of 9.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 539.8220 was up 12.25% compared to the 2022 peak of 480.9166, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 10,796,440 MMK

2022 Average 8,657,759 MMK

Yearly Trough Low 9,370,619 MMK

Transaction Impact: A difference of 1,425,820.64 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

535.6796

468.1973

JanuMarcMayJulySeptNove

PLN 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 490.9481, compared to 510.0930 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 19.1449 points.

H1 Avg (Jan–Jun) 490.9481

H2 Avg (Jul–Dec) 510.0930

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 37.3352 MMK (High: 534.5271 / Low: 497.1920). On the other end, May was the most stable month, with a tight range of 15.0106 MMK (High: 510.8198 / Low: 495.8092).

November Spread (Volatile) ±37.3352

May Spread (Stable) ±15.0106

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 26.4970 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -26.4970

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 530.0561) against the same month in 2022 (average: 475.4260), the exchange rate shifted by +54.6301 (+11.49%).

2023 Avg (December) 530.0561

2022 Avg (December) 475.4260

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	507.4780	472.1483	484.5411
February	491.7023	468.5310	473.8208
March	489.8356	469.6978	478.5971
April	506.2953	484.1641	495.8517
May	510.8198	495.8092	502.3485
June	520.4486	499.9908	510.5296
July	531.5305	510.1138	521.9280
August	521.7586	506.5200	513.8604
September	507.0949	476.6627	487.3634
October	502.2327	475.0719	491.6363
November	534.5271	497.1920	515.7140
December	539.8220	521.5092	530.0561