2023 SYP to MMK Historical Review

YEARLY HIGH

0.8436 MMK

YEARLY LOW

0.8241 MMK

YEARLY AVERAGE

0.8354 MMK

2023 SYP to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SYP to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.8436. Conversely, the yearly low was recorded on March 19, dropping to 0.8241.

This high-to-low spread represents a total annual volatility of 0.0195 MMK. From a start-to-finish perspective, comparing the January average rate of 0.8358 to the December average rate of 0.8367, the exchange rate registered a net change of 0.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8436 was up 0.30% compared to the 2022 peak of 0.8411, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,218 MMK

2022 Average 3,839 MMK

Yearly Trough Low 4,121 MMK

Transaction Impact: A difference of 97.39 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8369

0.8344

JanuMarcMayJulySeptNove

SYP 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 0.8354, compared to 0.8355 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.8354

H2 Avg (Jul–Dec) 0.8355

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0126 MMK (High: 0.8367 / Low: 0.8241). On the other end, January was the most stable month, with a tight range of 0.0036 MMK (High: 0.8366 / Low: 0.8330).

March Spread (Volatile) ±0.0126

January Spread (Stable) ±0.0036

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 0.0013 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.8359) against the same month in 2022 (average: 0.7077), the exchange rate shifted by +0.1282 (+18.11%).

2023 Avg (February) 0.8359

2022 Avg (February) 0.7077

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8366	0.8330	0.8358
February	0.8436	0.8311	0.8359
March	0.8367	0.8241	0.8346
April	0.8370	0.8248	0.8350
May	0.8374	0.8332	0.8354
June	0.8390	0.8307	0.8357
July	0.8372	0.8279	0.8348
August	0.8390	0.8304	0.8358
September	0.8376	0.8329	0.8356
October	0.8376	0.8321	0.8352
November	0.8365	0.8290	0.8348
December	0.8403	0.8351	0.8367