2019 CVE to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 CVE to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the CVE to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 16.0009. Conversely, the yearly low was recorded on December 1, dropping to 14.8925.
This high-to-low spread represents a total annual volatility of 1.1084 MMK. From a start-to-finish perspective, comparing the January average rate of 15.8328 to the December average rate of 15.0365, the exchange rate registered a net change of -5.03% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 16.0009 was down 7.31% compared to the 2018 peak of 17.2624, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CVE based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
CVE 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 15.5886, compared to 15.2202 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3684 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was March, with a trading range of 0.4850 MMK (High: 15.8398 / Low: 15.3548). On the other end, May was the most stable month, with a tight range of 0.2567 MMK (High: 15.6175 / Low: 15.3609).
Growth Streaks & Declines
TrendsBetween 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 June and July, when the average rate fell by 0.1754 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 15.8328) against the same month in 2018 (average: 14.8162), the exchange rate shifted by +1.0166 (+6.86%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 16.0009 | 15.5958 | 15.8328 |
| February | 15.8878 | 15.5928 | 15.7051 |
| March | 15.8398 | 15.3548 | 15.5724 |
| April | 15.5775 | 15.2667 | 15.4019 |
| May | 15.6175 | 15.3609 | 15.4830 |
| June | 15.6423 | 15.3494 | 15.5364 |
| July | 15.5778 | 15.1820 | 15.3610 |
| August | 15.3650 | 14.9770 | 15.2671 |
| September | 15.3574 | 15.0813 | 15.2390 |
| October | 15.4473 | 15.1032 | 15.2899 |
| November | 15.2841 | 14.8925 | 15.1277 |
| December | 15.2052 | 14.8925 | 15.0365 |