2023 SAR to MMK Historical Review

YEARLY HIGH

564.8019 MMK

YEARLY LOW

551.2026 MMK

YEARLY AVERAGE

559.5195 MMK

2023 SAR to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 564.8019. Conversely, the yearly low was recorded on March 19, dropping to 551.2026.

This high-to-low spread represents a total annual volatility of 13.5993 MMK. From a start-to-finish perspective, comparing the January average rate of 559.0795 to the December average rate of 560.4304, the exchange rate registered a net change of 0.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 564.8019 was up 0.46% compared to the 2022 peak of 562.2171, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,824,009 MMK

2022 Average 2,568,365 MMK

Yearly Trough Low 2,756,013 MMK

Transaction Impact: A difference of 67,996.66 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

560.6271

558.2671

JanuMarcMayJulySeptNove

SAR 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 559.3616, compared to 559.6774 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3158 points.

H1 Avg (Jan–Jun) 559.3616

H2 Avg (Jul–Dec) 559.6774

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 8.6728 MMK (High: 559.8753 / Low: 551.2026). On the other end, January was the most stable month, with a tight range of 2.7151 MMK (High: 559.9412 / Low: 557.2260).

March Spread (Volatile) ±8.6728

January Spread (Stable) ±2.7151

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 February and March, when the average rate fell by 1.3768 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.3768

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 559.8405) against the same month in 2022 (average: 473.8563), the exchange rate shifted by +85.9842 (+18.15%).

2023 Avg (February) 559.8405

2022 Avg (February) 473.8563

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	559.9412	557.2260	559.0795
February	564.8019	556.4699	559.8405
March	559.8753	551.2026	558.4637
April	560.6786	552.4865	559.2629
May	560.9767	558.2108	559.6860
June	561.9887	556.3693	559.8371
July	560.8247	554.6700	559.2168
August	561.8046	556.1683	559.8229
September	561.1137	557.8631	559.7940
October	560.8310	557.3869	559.4774
November	560.3508	557.1309	559.3230
December	562.9064	559.3588	560.4304