YEARLY HIGH
3.7282 MMK
YEARLY LOW
3.6526 MMK
YEARLY AVERAGE
3.6870 MMK

2023 SOS to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SOS to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 3.7282. Conversely, the yearly low was recorded on July 12, dropping to 3.6526.

This high-to-low spread represents a total annual volatility of 0.0756 MMK. From a start-to-finish perspective, comparing the January average rate of 3.6927 to the December average rate of 3.6768, the exchange rate registered a net change of -0.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.7282 was down 0.70% compared to the 2022 peak of 3.7544, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 18,641 MMK
2022 Average 16,775 MMK
Yearly Trough Low 18,263 MMK
Transaction Impact: A difference of 377.88 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3.6951
3.6741
JanuMarcMayJulySeptNove

SOS 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 3.6924, compared to 3.6815 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0109 points.

H1 Avg (Jan–Jun) 3.6924
H2 Avg (Jul–Dec) 3.6815

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0682 MMK (High: 3.7282 / Low: 3.6600). On the other end, January was the most stable month, with a tight range of 0.0069 MMK (High: 3.6953 / Low: 3.6884).

February Spread (Volatile) ±0.0682
January Spread (Stable) ±0.0069

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0068 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 3.6934) against the same month in 2022 (average: 3.0577), the exchange rate shifted by +0.6357 (+20.79%).

2023 Avg (February) 3.6934
2022 Avg (February) 3.0577

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.6953 3.6884 3.6927
February 3.7282 3.6600 3.6934
March 3.6955 3.6550 3.6918
April 3.7201 3.6744 3.6929
May 3.6964 3.6870 3.6917
June 3.7173 3.6806 3.6920
July 3.7167 3.6526 3.6879
August 3.7160 3.6855 3.6893
September 3.6935 3.6745 3.6827
October 3.6862 3.6633 3.6759
November 3.7024 3.6650 3.6764
December 3.6966 3.6743 3.6768