2018 AFN to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 AFN to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the AFN to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 24.8651. Conversely, the yearly low was recorded on April 18, dropping to 18.8057.
This high-to-low spread represents a total annual volatility of 6.0594 MMK. From a start-to-finish perspective, comparing the January average rate of 19.2753 to the December average rate of 20.7223, the exchange rate registered a net change of 7.51% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 24.8651 was up 20.43% compared to the 2017 peak of 20.6469, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AFN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
AFN to MMK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 19.1526, compared to 20.6438 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4912 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was November, with a trading range of 4.0127 MMK (High: 24.8651 / Low: 20.8524). On the other end, March was the most stable month, with a tight range of 0.1313 MMK (High: 19.3117 / Low: 19.1804).
Growth Streaks & Declines
TrendsBetween May and September, 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 November and December, when the average rate fell by 0.5089 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 21.2312) against the same month in 2017 (average: 19.7355), the exchange rate shifted by +1.4957 (+7.58%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 19.4792 | 19.0310 | 19.2753 |
| February | 19.4229 | 19.1246 | 19.2194 |
| March | 19.3117 | 19.1804 | 19.2508 |
| April | 19.2837 | 18.8057 | 19.0461 |
| May | 19.1952 | 18.8577 | 19.0000 |
| June | 19.4811 | 18.9042 | 19.1242 |
| July | 20.1803 | 19.1289 | 19.6157 |
| August | 21.1851 | 20.1457 | 20.6107 |
| September | 21.4587 | 20.3409 | 20.9115 |
| October | 21.4483 | 20.0894 | 20.7712 |
| November | 24.8651 | 20.8524 | 21.2312 |
| December | 20.9844 | 20.3556 | 20.7223 |