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2018 MMK to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the MMK to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 29, valuing the pair at 15.6120. Conversely, the yearly low was recorded on September 23, dropping to 12.9436.
This high-to-low spread represents a total annual volatility of 2.6685 STD. From a start-to-finish perspective, comparing the January average rate of 15.0120 to the December average rate of 13.4398, the exchange rate registered a net change of -10.47% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 15.6120 was down 10.06% compared to the 2017 peak of 17.3582, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MMK based on timing:
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MMK to STD 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: JanâJun) was 15.0639, compared to 13.6984 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 1.3655 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was September, with a trading range of 0.9219 STD (High: 13.8655 / Low: 12.9436). On the other end, March was the most stable month, with a tight range of 0.1232 STD (High: 14.9374 / Low: 14.8142).
Growth Streaks & Declines
TrendsBetween March and May, 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 July and August, when the average rate fell by 0.6407 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2018: 15.3387) against the same month in 2017 (average: 16.2809), the exchange rate shifted by -0.9422 (-5.79%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 15.1754 | 14.8238 | 15.0120 |
| February | 15.0361 | 14.7744 | 14.8926 |
| March | 14.9374 | 14.8142 | 14.8750 |
| April | 15.0521 | 14.8834 | 14.9587 |
| May | 15.6120 | 15.0843 | 15.3387 |
| June | 15.4958 | 14.9088 | 15.3063 |
| July | 14.9465 | 14.4036 | 14.6875 |
| August | 14.4137 | 13.5946 | 14.0469 |
| September | 13.8655 | 12.9436 | 13.4272 |
| October | 13.8791 | 13.0687 | 13.4154 |
| November | 13.3332 | 13.0896 | 13.1735 |
| December | 13.6312 | 13.2430 | 13.4398 |