YEARLY HIGH
61.0586 MMK
YEARLY LOW
49.1887 MMK
YEARLY AVERAGE
57.1099 MMK

2017 ETB to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ETB to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 7, valuing the pair at 61.0586. Conversely, the yearly low was recorded on December 18, dropping to 49.1887.

This high-to-low spread represents a total annual volatility of 11.8699 MMK. From a start-to-finish perspective, comparing the January average rate of 60.1417 to the December average rate of 49.6501, the exchange rate registered a net change of -17.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 61.0586 was down 1.53% compared to the 2016 peak of 62.0074, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 305,293 MMK
2016 Average 282,922 MMK
Yearly Trough Low 245,944 MMK
Transaction Impact: A difference of 59,349.47 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

61.4460
48.5372
JanuMarcMayJulySeptNove

ETB 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 59.7259, compared to 54.4939 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.2319 points.

H1 Avg (Jan–Jun) 59.7259
H2 Avg (Jul–Dec) 54.4939

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 8.4637 MMK (High: 58.0831 / Low: 49.6194). On the other end, November was the most stable month, with a tight range of 0.6225 MMK (High: 49.9412 / Low: 49.3187).

October Spread (Volatile) ±8.4637
November Spread (Stable) ±0.6225

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 5.0217 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -5.0217

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 60.3703) against the same month in 2016 (average: 58.4766), the exchange rate shifted by +1.8936 (+3.24%).

2017 Avg (February) 60.3703
2016 Avg (February) 58.4766

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 60.9616 59.4476 60.1417
February 61.0586 59.3589 60.3703
March 60.8446 59.5799 60.1100
April 60.1877 58.8252 59.5039
May 59.7319 58.2373 59.2598
June 59.5675 58.4247 58.9696
July 59.1561 58.0583 58.6443
August 58.7280 57.5249 58.2850
September 58.3530 57.2275 57.8965
October 58.0831 49.6194 52.8748
November 49.9412 49.3187 49.6129
December 49.9787 49.1887 49.6501