2017 BOB to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 BOB to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the BOB to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 200.0892. Conversely, the yearly low was recorded on November 15, dropping to 193.0286.
This high-to-low spread represents a total annual volatility of 7.0606 MMK. From a start-to-finish perspective, comparing the January average rate of 196.1212 to the December average rate of 196.4848, the exchange rate registered a net change of 0.19% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 200.0892 was down 0.25% compared to the 2016 peak of 200.5860, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BOB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
BOB 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 196.6390, compared to 195.8036 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8354 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was March, with a trading range of 4.8336 MMK (High: 200.0892 / Low: 195.2556). On the other end, April was the most stable month, with a tight range of 2.6194 MMK (High: 197.6207 / Low: 195.0014).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.7619 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2017: 197.3456) against the same month in 2016 (average: 177.8887), the exchange rate shifted by +19.4568 (+10.94%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 197.8925 | 194.3257 | 196.1212 |
| February | 199.2798 | 195.3052 | 197.7632 |
| March | 200.0892 | 195.2556 | 197.3456 |
| April | 197.6207 | 195.0014 | 196.0820 |
| May | 197.5923 | 194.3943 | 196.2842 |
| June | 197.7245 | 194.3100 | 196.2378 |
| July | 197.7567 | 194.0767 | 195.9797 |
| August | 197.1922 | 193.1412 | 195.3510 |
| September | 197.4285 | 193.3779 | 194.9458 |
| October | 198.4224 | 195.3440 | 196.9111 |
| November | 196.7704 | 193.0286 | 195.1492 |
| December | 197.8193 | 195.0162 | 196.4848 |