2023 SEK to MMK Historical Review

YEARLY HIGH

211.4009 MMK

YEARLY LOW

186.6248 MMK

YEARLY AVERAGE

197.9528 MMK

2023 SEK to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 211.4009. Conversely, the yearly low was recorded on October 28, dropping to 186.6248.

This high-to-low spread represents a total annual volatility of 24.7761 MMK. From a start-to-finish perspective, comparing the January average rate of 202.1304 to the December average rate of 205.2923, the exchange rate registered a net change of 1.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 211.4009 was up 2.33% compared to the 2022 peak of 206.5895, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,057,004 MMK

2022 Average 953,042 MMK

Yearly Trough Low 933,124 MMK

Transaction Impact: A difference of 123,880.26 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

206.8926

187.6891

JanuMarcMayJulySeptNove

SEK 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 200.1303, compared to 195.7753 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.3550 points.

H1 Avg (Jan–Jun) 200.1303

H2 Avg (Jul–Dec) 195.7753

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 15.3713 MMK (High: 203.4385 / Low: 188.0672). On the other end, September was the most stable month, with a tight range of 5.0714 MMK (High: 192.7208 / Low: 187.6493).

November Spread (Volatile) ±15.3713

September Spread (Stable) ±5.0714

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 5.4668 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -5.4668

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 205.2923) against the same month in 2022 (average: 202.1097), the exchange rate shifted by +3.1827 (+1.57%).

2023 Avg (December) 205.2923

2022 Avg (December) 202.1097

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	205.9099	196.5951	202.1304
February	203.6163	197.7650	200.8667
March	203.8651	194.6052	199.5621
April	204.6301	199.2210	202.7511
May	206.9533	193.2136	200.3623
June	198.1586	192.5136	195.1090
July	206.0728	191.6836	199.3279
August	198.7475	189.9461	193.8611
September	192.7208	187.6493	189.2894
October	193.2322	186.6248	190.3563
November	203.4385	188.0672	196.5248
December	211.4009	200.2640	205.2923