2023 STD to MMK Historical Review

YEARLY HIGH

0.0948 MMK

YEARLY LOW

0.0907 MMK

YEARLY AVERAGE

0.0929 MMK

2023 STD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the STD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.0948. Conversely, the yearly low was recorded on March 19, dropping to 0.0907.

This high-to-low spread represents a total annual volatility of 0.0040 MMK. From a start-to-finish perspective, comparing the January average rate of 0.0920 to the December average rate of 0.0943, the exchange rate registered a net change of 2.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0948 was up 0.53% compared to the 2022 peak of 0.0943, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 474 MMK

2022 Average 435 MMK

Yearly Trough Low 454 MMK

Transaction Impact: A difference of 20.19 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0946

0.0916

JanuMarcMayJulySeptNove

STD 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 0.0920, compared to 0.0939 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0920

H2 Avg (Jul–Dec) 0.0939

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0032 MMK (High: 0.0943 / Low: 0.0911). On the other end, January was the most stable month, with a tight range of 0.0004 MMK (High: 0.0921 / Low: 0.0917).

July Spread (Volatile) ±0.0032

January Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0001 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0943) against the same month in 2022 (average: 0.0920), the exchange rate shifted by +0.0023 (+2.51%).

2023 Avg (December) 0.0943

2022 Avg (December) 0.0920

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0921	0.0917	0.0920
February	0.0929	0.0915	0.0920
March	0.0921	0.0907	0.0919
April	0.0921	0.0908	0.0919
May	0.0922	0.0917	0.0920
June	0.0924	0.0914	0.0920
July	0.0943	0.0911	0.0922
August	0.0946	0.0936	0.0942
September	0.0944	0.0939	0.0942
October	0.0944	0.0938	0.0942
November	0.0943	0.0935	0.0941
December	0.0948	0.0942	0.0943