2023 XCD to MMK Historical Review

YEARLY HIGH

784.2712 MMK

YEARLY LOW

766.1625 MMK

YEARLY AVERAGE

776.7028 MMK

2023 XCD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 784.2712. Conversely, the yearly low was recorded on March 19, dropping to 766.1625.

This high-to-low spread represents a total annual volatility of 18.1087 MMK. From a start-to-finish perspective, comparing the January average rate of 777.0560 to the December average rate of 777.8504, 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 784.2712 was up 0.30% compared to the 2022 peak of 781.9509, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,921,356 MMK

2022 Average 3,568,631 MMK

Yearly Trough Low 3,830,812 MMK

Transaction Impact: A difference of 90,543.46 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

778.0448

775.7120

JanuMarcMayJulySeptNove

XCD 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 776.6580, compared to 776.7476 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0896 points.

H1 Avg (Jan–Jun) 776.6580

H2 Avg (Jul–Dec) 776.7476

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 11.7269 MMK (High: 777.8894 / Low: 766.1625). On the other end, January was the most stable month, with a tight range of 3.3272 MMK (High: 777.7591 / Low: 774.4319).

March Spread (Volatile) ±11.7269

January Spread (Stable) ±3.3272

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 1.2330 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.2330

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 777.1394) against the same month in 2022 (average: 657.8446), the exchange rate shifted by +119.2948 (+18.13%).

2023 Avg (February) 777.1394

2022 Avg (February) 657.8446

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	777.7591	774.4319	777.0560
February	784.2712	772.6604	777.1394
March	777.8894	766.1625	775.9064
April	778.1111	766.8023	776.2511
May	778.5024	774.6439	776.6841
June	779.9905	772.2530	776.9111
July	778.3410	769.6968	776.1201
August	779.9637	772.0564	777.0285
September	778.6987	774.2920	776.8795
October	778.6987	773.5800	776.4888
November	777.6696	770.6855	776.1181
December	781.2506	776.3734	777.8504