2023 RUB to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 RUB to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the RUB to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 31.7100. Conversely, the yearly low was recorded on October 8, dropping to 20.6994.
This high-to-low spread represents a total annual volatility of 11.0106 MMK. From a start-to-finish perspective, comparing the January average rate of 30.0321 to the December average rate of 23.0894, the exchange rate registered a net change of -23.12% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 31.7100 was down 14.10% compared to the 2022 peak of 36.9129, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RUB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
RUB to MMK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 27.2835, compared to 22.4446 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.8389 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 3.2138 MMK (High: 31.7100 / Low: 28.4961). On the other end, September was the most stable month, with a tight range of 0.8469 MMK (High: 22.1559 / Low: 21.3089).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 2.0363 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 30.0321) against the same month in 2022 (average: 23.2261), the exchange rate shifted by +6.8060 (+29.30%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 31.7100 | 28.4961 | 30.0321 |
| February | 30.0276 | 27.6096 | 28.5836 |
| March | 28.0148 | 26.8970 | 27.4681 |
| April | 27.0678 | 25.5989 | 25.9054 |
| May | 27.6146 | 25.8194 | 26.5245 |
| June | 26.0887 | 23.6432 | 25.1872 |
| July | 23.7238 | 22.7209 | 23.1509 |
| August | 22.7341 | 20.9988 | 21.9207 |
| September | 22.1559 | 21.3089 | 21.7064 |
| October | 22.5767 | 20.6994 | 21.6369 |
| November | 23.8048 | 22.4762 | 23.1634 |
| December | 23.8570 | 22.6013 | 23.0894 |