2023 SVC to MMK Historical Review

YEARLY HIGH

240.3312 MMK

YEARLY LOW

239.9151 MMK

YEARLY AVERAGE

240.0031 MMK

2023 SVC to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SVC to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 31, valuing the pair at 240.3312. Conversely, the yearly low was recorded on January 18, dropping to 239.9151.

This high-to-low spread represents a total annual volatility of 0.4161 MMK. From a start-to-finish perspective, comparing the January average rate of 239.9973 to the December average rate of 239.9995, the exchange rate registered a net change of 0.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 240.3312 was up 0.09% compared to the 2022 peak of 240.1139, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,201,656 MMK

2022 Average 1,102,191 MMK

Yearly Trough Low 1,199,576 MMK

Transaction Impact: A difference of 2,080.55 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

240.0119

239.9960

JanuMarcMayJulySeptNove

SVC 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 240.0034, compared to 240.0028 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 240.0034

H2 Avg (Jul–Dec) 240.0028

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.3900 MMK (High: 240.3312 / Low: 239.9412). On the other end, February was the most stable month, with a tight range of 0.0375 MMK (High: 240.0177 / Low: 239.9802).

March Spread (Volatile) ±0.3900

February Spread (Stable) ±0.0375

Growth Streaks & Declines

Trends

Between May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0101 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0101

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 240.0105) against the same month in 2022 (average: 203.2148), the exchange rate shifted by +36.7958 (+18.11%).

2023 Avg (March) 240.0105

2022 Avg (March) 203.2148

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	240.0275	239.9151	239.9973
February	240.0177	239.9802	240.0033
March	240.3312	239.9412	240.0105
April	240.3312	239.9666	240.0098
May	240.0233	239.9843	239.9997
June	240.0143	239.9671	239.9999
July	240.0529	239.9842	240.0002
August	240.0703	239.9804	240.0038
September	240.0456	239.9850	240.0040
October	240.0200	239.9804	240.0043
November	240.1450	239.9705	240.0050
December	240.0217	239.9775	239.9995