2023 SCR to MMK Historical Review

YEARLY HIGH

165.0512 MMK

YEARLY LOW

146.9976 MMK

YEARLY AVERAGE

156.2667 MMK

2023 SCR to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 165.0512. Conversely, the yearly low was recorded on July 12, dropping to 146.9976.

This high-to-low spread represents a total annual volatility of 18.0536 MMK. From a start-to-finish perspective, comparing the January average rate of 155.1495 to the December average rate of 156.5221, the exchange rate registered a net change of 0.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 165.0512 was down 0.06% compared to the 2022 peak of 165.1523, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 825,256 MMK

2022 Average 713,014 MMK

Yearly Trough Low 734,988 MMK

Transaction Impact: A difference of 90,267.84 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

160.4703

152.6238

JanuMarcMayJulySeptNove

SCR 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 155.0422, compared to 157.4912 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4490 points.

H1 Avg (Jan–Jun) 155.0422

H2 Avg (Jul–Dec) 157.4912

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 14.3246 MMK (High: 161.3222 / Low: 146.9976). On the other end, August was the most stable month, with a tight range of 6.0337 MMK (High: 159.7464 / Low: 153.7127).

July Spread (Volatile) ±14.3246

August Spread (Stable) ±6.0337

Growth Streaks & Declines

Trends

Between June and September, 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 2.2978 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.2978

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 159.8165) against the same month in 2022 (average: 156.5848), the exchange rate shifted by +3.2316 (+2.06%).

2023 Avg (September) 159.8165

2022 Avg (September) 156.5848

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	162.6629	148.5470	155.1495
February	161.2541	148.2572	155.0667
March	161.4531	149.2413	155.8739
April	162.6798	149.7437	155.3394
May	159.9276	149.2158	155.5461
June	159.9636	148.3284	153.2777
July	161.3222	146.9976	157.0032
August	159.7464	153.7127	157.0431
September	165.0512	154.1179	159.8165
October	164.8198	152.2799	157.5186
November	161.1555	152.8877	157.0435
December	162.8829	150.4894	156.5221