YEARLY HIGH
785.7249 MMK
YEARLY LOW
743.8629 MMK
YEARLY AVERAGE
768.5110 MMK

2023 WST to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the WST to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 785.7249. Conversely, the yearly low was recorded on November 5, dropping to 743.8629.

This high-to-low spread represents a total annual volatility of 41.8619 MMK. From a start-to-finish perspective, comparing the January average rate of 778.4963 to the December average rate of 750.7784, the exchange rate registered a net change of -3.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 785.7249 was down 0.47% compared to the 2022 peak of 789.4173, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,928,624 MMK
2022 Average 3,602,162 MMK
Yearly Trough Low 3,719,315 MMK
Transaction Impact: A difference of 209,309.71 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

781.5272
746.1591
JanuMarcMayJulySeptNove

WST 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 774.0638, compared to 762.9581 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 11.1056 points.

H1 Avg (Jan–Jun) 774.0638
H2 Avg (Jul–Dec) 762.9581

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 25.7831 MMK (High: 774.1299 / Low: 748.3468). On the other end, January was the most stable month, with a tight range of 3.3334 MMK (High: 779.2007 / Low: 775.8673).

October Spread (Volatile) ±25.7831
January Spread (Stable) ±3.3334

Growth Streaks & Declines

Trends

Between April and June, 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 October and November, when the average rate fell by 14.1288 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -14.1288

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 778.5799) against the same month in 2022 (average: 678.7318), the exchange rate shifted by +99.8481 (+14.71%).

2023 Avg (February) 778.5799
2022 Avg (February) 678.7318

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 779.2007 775.8673 778.4963
February 785.7249 774.0926 778.5799
March 779.3313 767.5826 777.0871
April 771.5562 760.3427 769.7119
May 771.9442 768.1182 770.1412
June 773.4198 765.7475 770.3663
July 772.9465 763.2128 769.8378
August 775.3875 767.5266 772.4695
September 774.1299 769.7490 772.3214
October 774.1299 748.3468 763.2352
November 750.6040 743.8629 749.1064
December 754.0603 749.3528 750.7784