YEARLY HIGH
58.7173 MMK
YEARLY LOW
48.0181 MMK
YEARLY AVERAGE
52.0976 MMK

2018 ETB to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ETB to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 58.7173. Conversely, the yearly low was recorded on February 20, dropping to 48.0181.

This high-to-low spread represents a total annual volatility of 10.6992 MMK. From a start-to-finish perspective, comparing the January average rate of 49.0021 to the December average rate of 55.5536, the exchange rate registered a net change of 13.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 58.7173 was down 3.83% compared to the 2017 peak of 61.0586, 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 293,587 MMK
2017 Average 285,449 MMK
Yearly Trough Low 240,091 MMK
Transaction Impact: A difference of 53,495.89 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

57.9377
47.6077
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 48.9129, compared to 55.2824 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.3695 points.

H1 Avg (Jan–Jun) 48.9129
H2 Avg (Jul–Dec) 55.2824

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 3.7989 MMK (High: 58.7173 / Low: 54.9184). On the other end, March was the most stable month, with a tight range of 0.4570 MMK (High: 48.9048 / Low: 48.4477).

September Spread (Volatile) ±3.7989
March Spread (Stable) ±0.4570

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.5232 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.5232

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 56.5560) against the same month in 2017 (average: 57.8965), the exchange rate shifted by -1.3405 (-2.32%).

2018 Avg (September) 56.5560
2017 Avg (September) 57.8965

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 49.5451 48.3418 49.0021
February 48.9213 48.0181 48.4686
March 48.9048 48.4477 48.6242
April 49.0028 48.0529 48.5028
May 49.3602 48.5286 49.0747
June 51.4988 49.0787 49.8050
July 53.0496 51.0675 51.8416
August 56.0151 52.6115 54.2392
September 58.7173 54.9184 56.5560
October 57.7746 54.6064 56.4270
November 57.5470 56.4295 57.0768
December 56.7686 54.3042 55.5536