YEARLY HIGH
654.7837 MMK
YEARLY LOW
553.8730 MMK
YEARLY AVERAGE
592.2920 MMK

2016 FJD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the FJD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 654.7837. Conversely, the yearly low was recorded on May 21, dropping to 553.8730.

This high-to-low spread represents a total annual volatility of 100.9108 MMK. From a start-to-finish perspective, comparing the January average rate of 603.3983 to the December average rate of 641.7016, the exchange rate registered a net change of 6.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 654.7837 was up 5.54% compared to the 2015 peak of 620.4218, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,273,919 MMK
2015 Average 2,652,614 MMK
Yearly Trough Low 2,769,365 MMK
Transaction Impact: A difference of 504,553.80 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

650.0634
549.7218
JanuMarcMayJulySeptNove

FJD 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 578.1223, compared to 606.4618 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 28.3394 points.

H1 Avg (Jan–Jun) 578.1223
H2 Avg (Jul–Dec) 606.4618

Volatility Range Comparison

Volatility

The most volatile month in 2016 was September, with a trading range of 29.1382 MMK (High: 613.3681 / Low: 584.2300). On the other end, March was the most stable month, with a tight range of 10.7850 MMK (High: 585.9891 / Low: 575.2042).

September Spread (Volatile) ±29.1382
March Spread (Stable) ±10.7850

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 19.4850 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -19.4850

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 641.7016) against the same month in 2015 (average: 609.3123), the exchange rate shifted by +32.3894 (+5.32%).

2016 Avg (December) 641.7016
2015 Avg (December) 609.3123

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 614.2989 594.8622 603.3983
February 602.1128 574.6104 583.9133
March 585.9891 575.2042 580.7495
April 587.5411 560.4453 571.9480
May 567.0684 553.8730 558.0836
June 578.2162 562.9836 570.6413
July 576.3037 565.0295 571.3546
August 592.1704 573.1144 581.8462
September 613.3681 584.2300 599.6448
October 626.6767 604.3387 618.6124
November 630.2966 619.0893 625.6110
December 654.7837 628.0626 641.7016