2023 VND to MMK Historical Review

YEARLY HIGH

0.0904 MMK

YEARLY LOW

0.0849 MMK

YEARLY AVERAGE

0.0881 MMK

2023 VND to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the VND to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.0904. Conversely, the yearly low was recorded on November 5, dropping to 0.0849.

This high-to-low spread represents a total annual volatility of 0.0055 MMK. From a start-to-finish perspective, comparing the January average rate of 0.0895 to the December average rate of 0.0866, the exchange rate registered a net change of -3.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0904 was up 0.29% compared to the 2022 peak of 0.0901, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 VND based on timing:

Yearly Peak High 903,874 MMK

2022 Average 823,292 MMK

Yearly Trough Low 848,877 MMK

Transaction Impact: A difference of 54,996.98 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0899

0.0853

JanuMarcMayJulySeptNove

VND 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 0.0892, compared to 0.0870 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0892

H2 Avg (Jul–Dec) 0.0870

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0027 MMK (High: 0.0904 / Low: 0.0877). On the other end, May was the most stable month, with a tight range of 0.0004 MMK (High: 0.0896 / Low: 0.0892).

February Spread (Volatile) ±0.0027

May Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between February and May, 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 August and September, 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: 0.0888) against the same month in 2022 (average: 0.0782), the exchange rate shifted by +0.0107 (+13.63%).

2023 Avg (February) 0.0888

2022 Avg (February) 0.0782

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0897	0.0889	0.0895
February	0.0904	0.0877	0.0888
March	0.0895	0.0878	0.0888
April	0.0897	0.0883	0.0894
May	0.0896	0.0892	0.0895
June	0.0898	0.0887	0.0893
July	0.0891	0.0879	0.0887
August	0.0887	0.0868	0.0880
September	0.0874	0.0859	0.0867
October	0.0866	0.0853	0.0857
November	0.0869	0.0849	0.0862
December	0.0870	0.0861	0.0866