2019 ETB to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 ETB to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the ETB to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 54.8415. Conversely, the yearly low was recorded on December 31, dropping to 46.1714.
This high-to-low spread represents a total annual volatility of 8.6702 MMK. From a start-to-finish perspective, comparing the January average rate of 54.0506 to the December average rate of 47.6428, the exchange rate registered a net change of -11.86% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 54.8415 was down 6.60% compared to the 2018 peak of 58.7173, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ETB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 53.2401, compared to 51.0446 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.1954 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was December, with a trading range of 3.2230 MMK (High: 49.3944 / Low: 46.1714). On the other end, August was the most stable month, with a tight range of 0.8667 MMK (High: 52.4011 / Low: 51.5344).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 3.0090 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 54.0506) against the same month in 2018 (average: 49.0021), the exchange rate shifted by +5.0484 (+10.30%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 54.8415 | 53.2846 | 54.0506 |
| February | 54.4490 | 53.0653 | 53.7112 |
| March | 54.2137 | 52.8138 | 53.3682 |
| April | 53.3125 | 52.0967 | 52.6757 |
| May | 53.5497 | 52.4500 | 53.0077 |
| June | 52.9798 | 52.1075 | 52.6271 |
| July | 52.8379 | 51.7008 | 52.1916 |
| August | 52.4011 | 51.5344 | 51.9546 |
| September | 52.5988 | 51.5672 | 52.0371 |
| October | 52.3182 | 51.3783 | 51.7899 |
| November | 51.4453 | 49.1716 | 50.6518 |
| December | 49.3944 | 46.1714 | 47.6428 |