2023 HKD to MMK Historical Review

YEARLY HIGH

270.5816 MMK

YEARLY LOW

263.7681 MMK

YEARLY AVERAGE

268.1099 MMK

2023 HKD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HKD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 270.5816. Conversely, the yearly low was recorded on March 18, dropping to 263.7681.

This high-to-low spread represents a total annual volatility of 6.8136 MMK. From a start-to-finish perspective, comparing the January average rate of 268.5393 to the December average rate of 269.1813, the exchange rate registered a net change of 0.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 270.5816 was down 0.07% compared to the 2022 peak of 270.7647, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 6,764,541 MMK

2022 Average 6,157,882 MMK

Yearly Trough Low 6,594,201 MMK

Transaction Impact: A difference of 170,339.32 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

269.3833

266.9593

JanuMarcMayJulySeptNove

HKD 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 267.7539, compared to 268.4658 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7120 points.

H1 Avg (Jan–Jun) 267.7539

H2 Avg (Jul–Dec) 268.4658

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 4.1577 MMK (High: 267.9258 / Low: 263.7681). On the other end, September was the most stable month, with a tight range of 1.2842 MMK (High: 268.7780 / Low: 267.4938).

March Spread (Volatile) ±4.1577

September Spread (Stable) ±1.2842

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.8865 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.8865

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 269.1813) against the same month in 2022 (average: 269.6654), the exchange rate shifted by -0.4841 (-0.18%).

2023 Avg (December) 269.1813

2022 Avg (December) 269.6654

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	269.2214	267.6002	268.5393
February	270.1233	266.1881	267.6527
March	267.9258	263.7681	267.1613
April	267.9110	263.9951	267.2608
May	268.6702	266.7661	267.8354
June	268.9569	266.5414	268.0737
July	269.4591	265.8018	268.3113
August	269.6323	267.1105	268.3110
September	268.7780	267.4938	268.1380
October	268.7570	266.9372	268.1697
November	269.6352	266.1942	268.6836
December	270.5816	268.5612	269.1813

2023 HKD నుండి MMK చారిత్రక సమీక్ష