YEARLY HIGH
0.2948 MMK
YEARLY LOW
0.2809 MMK
YEARLY AVERAGE
0.2881 MMK

2023 PYG to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PYG to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 0.2948. Conversely, the yearly low was recorded on November 5, dropping to 0.2809.

This high-to-low spread represents a total annual volatility of 0.0139 MMK. From a start-to-finish perspective, comparing the January average rate of 0.2847 to the December average rate of 0.2857, the exchange rate registered a net change of 0.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2948 was down 3.74% compared to the 2022 peak of 0.3062, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,474 MMK
2022 Average 1,381 MMK
Yearly Trough Low 1,404 MMK
Transaction Impact: A difference of 69.31 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2942
0.2809
JanuMarcMayJulySeptNove

PYG 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 0.2897, compared to 0.2864 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.2897
H2 Avg (Jul–Dec) 0.2864

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0072 MMK (High: 0.2882 / Low: 0.2810). On the other end, September was the most stable month, with a tight range of 0.0015 MMK (High: 0.2892 / Low: 0.2877).

October Spread (Volatile) ±0.0072
September Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between January and April, 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 September and October, when the average rate fell by 0.0039 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.2931) against the same month in 2022 (average: 0.2673), the exchange rate shifted by +0.0258 (+9.65%).

2023 Avg (April) 0.2931
2022 Avg (April) 0.2673

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2878 0.2823 0.2847
February 0.2888 0.2847 0.2876
March 0.2937 0.2875 0.2917
April 0.2948 0.2889 0.2931
May 0.2938 0.2898 0.2915
June 0.2911 0.2882 0.2896
July 0.2902 0.2879 0.2888
August 0.2899 0.2878 0.2888
September 0.2892 0.2877 0.2886
October 0.2882 0.2810 0.2847
November 0.2827 0.2809 0.2820
December 0.2890 0.2822 0.2857